Re:Vercel Service Markup
by satvikpendem on Wednesday May 03, 2023 @12:19AM
(#35797960)
Vercel's revenue was 25.5 million in 2022 (according to Nathan Latka who has pretty reputable figures) on a 2.5 billion dollar valuation [0]. They're hyped but it doesn't seem like any big players actually use them at scale, as it's likely much, much cheaper to host on bare cloud providers like AWS, which Vercel themselves wrap (with Vercel also now wrapping the services included in OP's site).
Re:Vercel Service Markup
by chrisco255 on Wednesday May 03, 2023 @12:51AM
(#35798146)
How does Latka get its data?
Re:Vercel Service Markup
by satvikpendem on Wednesday May 03, 2023 @12:54AM
(#35798159)
He interviews them on condition of revealing the numbers, which he sells to investors. He has enough clout in the industry that people want to reveal their numbers to him in exchange for being able to raise more money.
I know of five or six companies using Next; none of them use Vercel. I tend to think that their moat against “write a five line dockerfile” just isn’t all that large. I use Vercel for my personal site; I’m familiar with the product suite; I genuinely don’t know why anyone would pay the markup beyond not knowing better.
The auto branch deployments on PRs is pretty cool.
Of course we are talking more about auxiliary stuff like landing pages, marketing sites, blogs and documentation, not hosting for their core business.