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DigitalOcean S-1

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361–370 of 442 posts

Re: DigitalOcean S-1

#361
post #9

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…

They raised money over the past several years at over $10bln valuation, there's no way they're going to debut at $3bln.

They raised in 2020 on a valuation between 1.1 and 1.2 billion

Re: DigitalOcean S-1

#362

Earlier quoted context omitted.

I remember interviewing with DO back in late 2014 and it was nuts! The entire interview process took ~3 months and it was clear that they were defining the process as they went. The entire process was basically: 1. initial call with recruiter 2. homework project 3. call with engineer to discuss said homework project 4. two phone screens with engineers 5. onsite interview with 6 engineers Finally I had was at the fina…

Not to hijack this sub-thread, but just a general question: how does one deal with unethical 'homework projects'? I've had a case during an application where I was given a 'homework project' that seemed to me very much not like a theoretical scenario, but more like the company wanting me to do free work for an actual real-world issue they had. Have people had situations where you suspected the same? How do you deal w…

We don't use homework projects at my current job (I don't care for them personally and thankfully have a bit of influence in the hiring process), but I've worked places that did. We always took real-world problems we had but had already solved. This has a couple benefits: a) we have full context around edge cases, bugs, historical stuff, etc. that the candidate doesn't; b) we can see pretty quickly when a candidate does something innovative we didn't think of and it's always lead to extremely good discussions in the interview; c) it's very similar to the work they'd be doing day-to-day, so if they have a lackluster resume and/or don't interview well, but shine on this, their odds of an offer skyrocket; d) the company gains nothing from the work so that settles most (but not all) of the ethical objections to it.

Re: DigitalOcean S-1

#363
I bought my first DigitalOcean VPS for $5/month in high school. The same one is still running today, around 4 years later. One of the best investments I've ever made, allowing me to self-host a ton of my side projects, Discord bots, and anything else I might want.

I've barely used half of my storage and my CPU/RAM is consistently sitting at 30-40% usage. Incredibly affordable for students like me. Plus, their interaction with students is fantastic (they throw free credits at us all the time).

Re: DigitalOcean S-1

#364

Earlier quoted context omitted.

Not to hijack this sub-thread, but just a general question: how does one deal with unethical 'homework projects'? I've had a case during an application where I was given a 'homework project' that seemed to me very much not like a theoretical scenario, but more like the company wanting me to do free work for an actual real-world issue they had. Have people had situations where you suspected the same? How do you deal w…

We give new hires a homework project that is directly work related. We don't consider it unethical. It's really a fantastic way to sort out who can deliver. We used to have it be part of the onsite interview - they could sit for a few hours and do it. I like these because they are not games. If you want something done, you'd ask an employee to do it. So just ask someone to do something you need done. In our case at l…

[deleted]

Re: DigitalOcean S-1

#365
They have an almost perfect, managed K8S offering.

Major issue that I am facing with them currently is their managed load balancer offering. They have a cap of 40k Maximum Simultaneous Connections / second. I am mostly sure that they are not measuring it correctly.

they have random resource limits which don't make sense.

Also I think AWS lightsail is a competition to DO, but AWS doesn't seem to be promoting it that much.

Re: DigitalOcean S-1

#366
post #360

Earlier quoted context omitted.

These companies, and the systems and platforms they own, have not become "the public square" any more than a widely read newspaper, or the only Kinkos in town have. Nor are they utilities. You're using words and phrases with significant legal implications to characterize things that don't meet the well-understood legal definitions. I don't think you're being dishonest, but I fear you've been bamboozled by the dishone…

Section 230 is woefully naive and written for a bygone era. Censorship of speech by a small group of kleptocrat mega corporations on the greatest communication medium ever known to mankind is antithetical to everything America stands for.

Have you considered that your problem is not with Section 230, but with the First Amendment?

Re: DigitalOcean S-1

#367
post #365

They have an almost perfect, managed K8S offering. Major issue that I am facing with them currently is their managed load balancer offering. They have a cap of 40k Maximum Simultaneous Connections / second. I am mostly sure that they are not measuring it correctly. they have random resource limits which don't make sense. Also I think AWS lightsail is a competition to DO, but AWS doesn't seem to be promoting it that m…

I had no idea they offered managed K8s. How does it compare to their competitors (if you’re knowledgeable about them as well?)

Re: DigitalOcean S-1

#370
post #360

Earlier quoted context omitted.

Section 230 is woefully naive and written for a bygone era. Censorship of speech by a small group of kleptocrat mega corporations on the greatest communication medium ever known to mankind is antithetical to everything America stands for.

Have you considered that your problem is not with Section 230, but with the First Amendment?

Yes, I have considered that. But, no, that’s not my “problem”; I understand that this is not covered by the constitution. I believe that Section 230 should be updated and the clearly vague “otherwise objectionable” language should be removed in favor of specific language regarding where, when, and why content can be taken down, i.e., only when that content is unlawful.

I understand that some are still basking in electoral victories that were without question aided by the ambiguity in Section 230; this euphoria shouldn’t be confused with righteousness.

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