Show HN: Usage 2.0 – Cut AWS Spend by 57% in 5 Minutes

Re:Show HN: Usage 2.0 – Cut AWS Spend by 57% in 5 Minutes by andrenotgiant on Wednesday March 01, 2023 @05:04PM (#34988994)

How would you describe the mechanics of this in regular finance terms... Almost like you are providing mortgages for reserved instances?

I think I understand the model here, but I guess I'm curious how you model in risk of suddenly getting stuck with a bunch of 3 year RI commitments?

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Re:Show HN: Usage 2.0 – Cut AWS Spend by 57% in 5 Minutes by kavehkhorram on Wednesday March 01, 2023 @05:14PM (#34989088)

I like to say we're a marketmaker for cloud contracts. Our recommendations take our current inventory into account and it's been very effective considering the amount of 'trades' we successfully make each day. That aside, We also have a considerable amount of cash set aside for an event like this.

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Re:Show HN: Usage 2.0 – Cut AWS Spend by 57% in 5 Minutes by platformarch on Wednesday March 01, 2023 @08:00PM (#34990576)

Is the inventory risk assumed by usage?

Reading through your T&C it looks like you refund us with credits on your platform - sounds like monopoly money to me?

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