"Fascinating company."

I, for one, welcome our new Cloudflare overlords.

Without egress charges, assets in an object store can be backed at other providers for disaster/contingency/fault tolerance.

Add the excellent rclone[1] tool which, I assume, will work immediately with (just another S3 compatible store) and there's a nice and easy workflow that adds some diversity to your infrastructure.

[1] https://rclone.org/

Wonder if Colin Perciva moves Tarsnap to R2... They have been using S3 since its inception.

Definitely, appreciate Cloudflare bringing gun to a gun fight. GCP take notes.

They are? I've seen more cases I think where it drives folks all-in on the cloud. A few units tired of dealing with on-prem infra group spin stuff up in the cloud. Before you know it big workloads are lifting and shifting because its easier to bring the data to the new stuff in the cloud than it is to bring the cloud stuff on-prem.

That said, if CIO and CFO's are (truly) pissed off, then that is going to be a huge revenue swing for AWS shortly.

I personally doubt it. Azure and GCP are not that much cheaper here.

And AWS is offering some great pricing actually on things like ECS Anywhere, so now if you want it is (a bit) easier to bring a workload local to your data lake. I think that is not a great short term move by AWS, but long term helps with goodwill.

And the stock price is currently a buying opportunity.

At 70-80x revenue it’s very tough to say.

People are always saying stuff like this and I don’t think they understand, if you wait for a stock price to reach a smaller multiple of revenue, you’re probably too late to the party to make any big gains, and it will be no better than throwing your money into some ETF. AMZN used to be what, 3000x revenue? Would you have advised people not to invest in it back then? How would that turn out?

At the end of the day, you can either sit on the side lines and criticize the prices, or you can jump in and make money.

I would have told people to buy the entire market rather than try to pick individual winners. :-)

At its peak public valuation in March 1999, Amazon traded at 45x revenues…

Yea, given that, it may already be priced in...