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Thank-You AWS (Amazon)
I was reading a great Ben Thompson piece about Cloudflare (I had Matthew Prince the co-founder on my pod a while back) yesterday, but it was a riff about Amazon that got in my head.
Here it is:
It’s impossible to overstate the extent to which AWS changed the world, particularly Silicon Valley. Without the need to buy servers, companies could be started in a bedroom, creating the conditions for the entire angel ecosystem and the shift of traditional venture capital to funding customer acquisition for already proven products, instead of Sun servers for ideas in Powerpoints. Amazon, meanwhile, suddenly had a free option on basically every startup in the world, positioning itself to levy The Amazon Tax on every company that succeeded.
Back in 2007 I wrote a Wallstrip episode about Amazon and AWS with a founder interview that got to the essence of the revolution about to unfold. In the episode Dan Kantor eerily predicted…’a modern workplace should be your home’.
I should have bought more Amazon.
No wonder the Nasdaq dips have been a gift since 2007.
Thanks AWS!
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