I love DigitalOcean too they have great tutorials. It's one of the best sites around for clear, well-written tutorials.
2nd that, said elsewhere too. If there are multiple tutorials on installing a package, I always pick the DO one first!
Re:DigitalOcean is laying off staff
by wastedhours on Friday January 17, 2020 @12:50PM
(#22077142)
Might there be an opening bell in their future... almost entirely likely.
This exactly. I’m too tired to do some basic googling for citations but anecdotally speaking, I believe hiring financial oriented leadership like this and trimming the organization of “perceived” fat (management) is right out of the going public playbook.
More likely being sold to Cloudflare
Acquisition wouldn't necessarily be terrible depending on who acquired them. Obviously if it's a direct competitor that's bad news, but there are some markets where adding a hosting provider could be a benefit.
> In that context, it’s notable that the company not only appointed a new CFO last summer, but also a CEO with prior CFO experience. It’s been a while since DigitalOcean has raised capital. According to PitchBook, DigitalOcean last raised money in 2017, an undisclosed amount from Mighty Capital, Glean Capital, Viaduct Ventures, Black River Ventures, Hanaco Venture Capital, Torch Capital and EG Capital Advisors.
Nothing in particular, but finance guys and VCs tend to squeeze companies dry or push hard for acquisitions. Hopefully I'm wrong here.