51–60 of 442 posts
What is the point of DigitalOcean, Linode etc, when one can use the more reliable big cloud providers GCP/AWS/Azure. I don't think DO's offerings are strong enough to compete with the big players long term, especially in production. Seems like an exit for a later acquisition by a bigger company, like Slack with Salesforce.
So how does one buy ipo shares? One of my resolutions for this year was to buy shares in companies I do business with.
Be a giant investor, ie a bank. IPOs are there for banks to be able to buy up shares at a low price, then dump it when retail investors get their turn to run it up before banks sell off.
https://www.investor.gov/introduction-investing/general-reso...
200k/yr for 2 yrs, or >1M net worth % price(house).
I love DigitalOcean. The simplicity of their UI, friendly CLI tooling and (as a hosted k8s customer) the frequency of updates to their offerings. BUT: 1. Their web UI stability is terrible (constantly hangs and errors out) 2. Their hosted DB IOPS aren't competitive with other PaaS providers. There's also no way to scale DB size dynamically without upgrading to a new price tier which is overkill. 3. Their Kubernetes C…
Interestingly it was very clear at around $10MM ARR that DO was on a trajectory to IPO. You can thank Moisey Uretsky for a fantastic product idea and his brother Ben for CEOing it for so long. Congratulations to everyone who was involved in building DigitalOcean, it was an INCREDIBLY wild ride in the early days, lots of chaos but through all the chaos and disfunction, I think everyone involved knew this day would com…
I guess you could call that a fantastic product idea. I’d call it applying an aggressive exit strategy to Chris Aker’s fantastic product idea from 2003 and further commoditizing said product in its wake.
I love DigitalOcean. The simplicity of their UI, friendly CLI tooling and (as a hosted k8s customer) the frequency of updates to their offerings. BUT: 1. Their web UI stability is terrible (constantly hangs and errors out) 2. Their hosted DB IOPS aren't competitive with other PaaS providers. There's also no way to scale DB size dynamically without upgrading to a new price tier which is overkill. 3. Their Kubernetes C…
5. You can’t upload a custom image and assign a Floating IP to the Droplet, one of the most basic of the functionality of any cloud.
Edit: I'm wrong, see below.
Earlier quoted context omitted.
This. DO, imo, crushes AWS's pricing, documentation and ease of use for anyone but big enterprises. I used their managed k8s for a personal project as someone who's never used k8s before and it: * didn't cost more than the $10 droplet it ran on * just worked * super easy to operate * has had no issues so far If I were working for any kind of not-ridiculously-large business that wasn't connected to an endless funnel o…
How do you figure? $10 DO Dropplet gets you 1 CPU, 2GB RAM, 50GB SSD, and 2TB of bandwidth. $10 AWS Lifghtsail instance gets you 1 CPU, 2GB RAM, 60GB SSD, and 3 TB of transfer.
Earlier quoted context omitted.
The pie is big enough and also don’t think big cloud players and DO are after the same customers. 34% of the web still runs on Wordpress. A lot want somewhere cheap and easy to use with more power than shared hosting.
AWS LightSail is basically DigitalOcean with a huge jetpack with the ability to extend into AWS's ecosystem.
Earlier quoted context omitted.
This. DO, imo, crushes AWS's pricing, documentation and ease of use for anyone but big enterprises. I used their managed k8s for a personal project as someone who's never used k8s before and it: * didn't cost more than the $10 droplet it ran on * just worked * super easy to operate * has had no issues so far If I were working for any kind of not-ridiculously-large business that wasn't connected to an endless funnel o…
How do you figure? $10 DO Dropplet gets you 1 CPU, 2GB RAM, 50GB SSD, and 2TB of bandwidth. $10 AWS Lifghtsail instance gets you 1 CPU, 2GB RAM, 60GB SSD, and 3 TB of transfer.
The last time I checked Lightsail uses similar CPU credits[0] as their t2 ec2 instances.
As long as you're only using a tiny portion of your CPU it's fine but if you start doing work on your instance where your CPU is being used for a sustained amount of time then you run out of CPU credits and performance is drastically degraded.
DigitalOcean has no such mechanism. I've never had a droplet's CPU performance get penalized because I used the allocated resources that I was paying for.
[0]: https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/burstabl...
Excellent growth, fair margins. Probably worth about $3bn. If it IPOs at less than $5bn it's probably worth picking up. Long term digitalocean will struggle to maintain its margins when competing with Azure and AWS on one side, and Cloudflare edge computing on the other side, so I don't think it can command the same kind of premium we've seen from other tech IPOs. A big red flag is that 570,000 customers bring in onl…
I vaguely remember a talk I had with an employee there was a time when I think the average user was paying only $20/mo, which at the time, I had a $250-500/mo bill depending on load.
This was before they even had a load balancer product (so 2012-2013-ish?), and I was running a fairly unsuccessful managed WordPress offering that had dynamic scaling based on the reported metrics.
The infrastructure was just a big server for MySql, and a tiny server for the orchestrator. Then it would use the DO API to spin up new servers off a snapshot, ssh into them, and run the setup script to point to the right Wordpress instance in the database, then add it to the nginx reverse proxy list for the domain.
The whole thing could scale up or down in 30 seconds. Sure it isn't as fast as AWS or Azure could scale, but we were in control, in code, before containerizing was even really a thing.
Earlier quoted context omitted.
Be a giant investor, ie a bank. IPOs are there for banks to be able to buy up shares at a low price, then dump it when retail investors get their turn to run it up before banks sell off.
another option is that one can also choose to be rich to gain access to more wealth: https://www.investor.gov/introduction-investing/general-reso... 200k/yr for 2 yrs, or >1M net worth % price(house).