Technically speaking, they were quite far ahead of the curve. While VMs were all the rage, they were shipping container-based products (their Sun refugees kept developing Solaris Zones and ZFS in this context). The technical abilities of the Joyent folks were well beyond just about anybody else for a long time.
One could argue they were too early. For several years they had the technology to beat Amazon, until Amazon's massive scale washed over the whole market. The founders did well, so it's not like they "lost", but it's kinda sad to see a technically visionary set of products reach a dead end (one could maybe even view this as the final commercial death of what Sun built).
Also worth noting, their stack is open source in ways that nobody else is, I think. Maybe Google is doing right with Kubernetes, but everybody else is consuming OSS software to build proprietary clouds and giving basically nothing back. Joyent were doing most of the work, and giving most of the tech away.
One could argue they were too early. For several years they had the technology to beat Amazon, until Amazon's massive scale washed over the whole market. The founders did well, so it's not like they "lost", but it's kinda sad to see a technically visionary set of products reach a dead end (one could maybe even view this as the final commercial death of what Sun built).
Also worth noting, their stack is open source in ways that nobody else is, I think. Maybe Google is doing right with Kubernetes, but everybody else is consuming OSS software to build proprietary clouds and giving basically nothing back. Joyent were doing most of the work, and giving most of the tech away.