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What’s astonishing and few other than those who lived it as startups (I launched my second startup in this era) realize is how profound of an impact that rise of Amazon AWS (S3 & EC2) had on the startup market. The “A Round” of my startup in 1999 was $16.5 million and my A Round in 2005 was only $500,000 (and that’s all I ever raised).
Or would you like me to sell you a story on how cloudcomputing is green because these large datacenters are more energy efficient than the same number of computers run in ad-hoc ways? Let me answer ‘why computing needs RightScale.’ Computing is going the way of the electric grid. It’s contagious!”. 5) It is 2015.
During my second startup we never considered using cloudcomputer processing for our real-time processes but we did run some batch processes there. At the time we viewed Amazon’s offering, EC2 as too nascent. From a reliability & performance perspective for most applications it will perform beautifully. Processing.
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