that's not true. Let me repeat the entire claim:
> It’s capital intensive, doesn’t easily scale without linear costs, is basically a commodity, seemingly has negative cashflow forever, and customers aren’t willing to pay what it actually costs. It’s basically the worst tech business model and yet somehow VCs caught a spell and threw every available penny into the fire.
We already agree on the first two. So the following remains:
"commodity, and customers aren’t willing to pay what it actually costs"
To that I say:
- AWS, Uber are all commodity
- Most customers of AWS, Uber aren’t willing to pay what AWS, Uber charges them
Disagreements?
> It’s capital intensive, doesn’t easily scale without linear costs, is basically a commodity, seemingly has negative cashflow forever, and customers aren’t willing to pay what it actually costs. It’s basically the worst tech business model and yet somehow VCs caught a spell and threw every available penny into the fire.
We already agree on the first two. So the following remains:
"commodity, and customers aren’t willing to pay what it actually costs"
To that I say:
- AWS, Uber are all commodity
- Most customers of AWS, Uber aren’t willing to pay what AWS, Uber charges them
Disagreements?