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Re:FTX’s balance sheet was bad by lazide on Monday November 14, 2022 @04:17PM (#33601233)
When AWS was starting?
Re:FTX’s balance sheet was bad by Nowado on Monday November 14, 2022 @04:27PM (#33601376)
You mean when they separated internal infrastructure of the largest ecommerce in the world to the point when it was possible to sell it in commodified pieces to other businesses?
Re:FTX’s balance sheet was bad by vasco on Monday November 14, 2022 @04:49PM (#33601713)
That is not what happened and is a fake myth origin story. AWS was started from scratch with a small team in south africa. The best description of all the myths and the real thing I've heard is here: https://www.acquired.fm/episodes/amazon-web-services

It sounds good to perpetuate the "but Amazon.com had extra capacity they could sell" but it's not true.

Re:FTX’s balance sheet was bad by remram on Monday November 14, 2022 @04:57PM (#33601812)
Unfortunately if the only source is this 3 hour podcast, you are going to have trouble convincing anyone.
Re:FTX’s balance sheet was bad by Nowado on Monday November 14, 2022 @05:19PM (#33602106)
There are sources, I didn't go through them yet, but they are there. It's pages of unorganized links, but it's something.
Re:FTX’s balance sheet was bad by drsnow on Monday November 14, 2022 @04:28PM (#33601391)
I think it's a bit unfair to characterize every company that is "starting" as a "startup", particularly when the "startup" in question is/was backed by one of the largest companies on the planet. I don't think people think of such companies' endeavors as startups, even when they are starting.
Re:FTX’s balance sheet was bad by smachiz on Monday November 14, 2022 @04:27PM (#33601382)
I mean... a little disingenuous. AMZN was a $10-20B publicly traded company at that time. When is it a startup vs a product offering of an established company?