FTX’s balance sheet was bad

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?

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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.

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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.

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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.

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