but this is already the case for a LOT of companies. HN seems so focused on cloud and sillicon valley that they forget there are hundreds of datacenters filled with colocated space and connectivity.

Colo is cheap, connectivity is cheaper then it has ever been, and most bussiness don't require massive scaling to do their bussiness.

Also, owning your own infra allows you to innovate and play a game outside of the borders aws, gcp and azure are drawing up for you.