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DigitalOcean S-1

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Re: DigitalOcean S-1

#401

Post by impulser_ »

firstfewshells wrote: post #167
breck wrote: post #44

Here are the problems I've had in my 7+ years as a DigitalOcean customer: . Those are the ones just off the top of my head. Love this company and it's made my life so much easier for the past near decade. Excited to see they are financially very healthy.

They've accrued up losses of $43M, $40M and $35M in the 3 preceding years. Funny how that's considered financially healthy in the world we're living right now.

The business is making money, they are just spending it growing the business. Most tech companies that are still in the growth stage will lose money because they have to spend a lot on R&D and keeping employees at the company with compensation. The tech industry is highly competitive and you have to spend a lot to stay competitive.

Re: DigitalOcean S-1

#402

Post by KaiserPro »

yte14 wrote: post #54
neom wrote: post #32

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…

The thesis of DigitalOcean was literally “this very established market needs a venture capital growth play because we saw Slicehost exit to Rackspace”. In the beginning the entirety of DO’s offering, tech for tech, was almost a direct lift of Linode and, as they scaled, made all the same technical mistakes and learning experiences that Linode did. I guess you could call that a fantastic product idea. I’d call it appl…

DO's offering was SSD backed small hosts for $5.

Nothing else in the market offered that at the time.

Re: DigitalOcean S-1

#403

Post by stjohnswarts »

neom wrote: post #32

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 actually prefer that companies stay private so they can have more control over their long term outlook rather than slowly moving to quarterly profits and quarterly thinking mindset that haunts most of the industry tech and otherwise. It was great while it lasted, and I guess those early guys are going to make a killing on the options. Congrats to them. Nothing lasts forever.

Re: DigitalOcean S-1

#404

Post by stjohnswarts »

Ansil849 wrote: post #305
kevinoconnor7 wrote: post #228

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…

I just don't do them and move on to the next company. I've never had an issue landing my next gig. I'll do all day multi round interviews and white board questions. I'm not doing your work or taking a college exam again. Good luck and godspeed is all I can tell them.

Re: DigitalOcean S-1

#405

Post by stjohnswarts »

jeffparsons wrote: post #321
Ansil849 wrote: post #305

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…

My employer deals with this by compensating candidates for their time. Y'know... with money. We also don't give them our actual problems as homework tasks. We'll occasionally talk about our real problems with candidates in interviews, but we're very clear about it when we do. It's not a perfect system. Some candidates will choose to spend longer on the task so that in the follow-up interview they'll have the opportun…

This seems reasonable. I've never been offered anything like that. It would be minimum $1000 a day.

Re: DigitalOcean S-1

#406

Post by stjohnswarts »

sethammons wrote: post #309
ivraatiems wrote: post #128

I might have mentioned this before, but DigitalOcean's support is (or was, before I stopped being their customer) absolutely abysmal. I had a default card set up for auto billing. That card expired. I went to remove the default card -- you cannot remove a default card. Okay. I added a new card and tried to set it as default. It didn't take. (Refreshing the browser reverted the change.) So I tried another browser, ano…

My support issue was that I had a dead box and needed it to be available again. Their system thought it was up, but I could not reach it. There was no live support, just submit a ticket and pray. They need real-time support. I’m fine paying for it. Hell, bill me per minute, but I needed eyes in the issue. Instead of waiting for some unknown time for a support response, I deleted my stuff and rebuilt everything. If th…

This may be a dumb question but why would you put anything on a server at DO that you need 5 nines out of? DO is all about the price and mediocre tools and machine that you get for it. I use it for personal/fun stuff but I'd never put my business on it.

Re: DigitalOcean S-1

#407

Post by piva00 »

nocman wrote: post #385
kasey_junk wrote: post #371

Earlier quoted context omitted.

Nearly every worker in the US is covered by an employment agreement that says they have to get pre-approval for moonlighting. It may or may not be legal in their jurisdiction but by paying people to do your interview process you potentially open them up to bad liabilities. That said it is completely unethical to make people do real work as part of an interview process. We collectively should name and shame any firm t…

"Nearly every worker in the US is covered by an employment agreement that says they have to get pre-approval for moonlighting." This is not true. I've can think of one employer my entire career that had conditions regarding work outside of my normal work hours. Granted, if you worked for your competetors and they found out about it you could be fired due to trade secrets or conflicts of interest. I only remember one…

I don't know about the US but anecdotally it's been definitely the case for most of my work contracts in Brazil and Sweden for the past 17 years, I believe that only 2-3 startups I worked for didn't have a clause about moonlighting requiring pre-approval from management.

Re: DigitalOcean S-1

#408

Post by AYBABTME »

gist wrote: post #260
kevinoconnor7 wrote: post #228

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…

> 2. homework project > 3. call with engineer to discuss said homework project How much time does it typically take (or should take) to complete a 'homework' project? > 4. two phone screens with engineers > 5. onsite interview with 6 engineers This seems very 'camel is a horse by committee' to me. Reminds me a bit (know it's different) of dating where someone wants you to meet their family for approval. I immediately…

Not long, perhaps 2h for the core and then some cleanup over a few hours as I cogit about it? This was my submission back in 2014 https://github.com/aybabtme/crawler/commits/master

Re: DigitalOcean S-1

#409

Post by [deleted] »

Ansil849 wrote: post #305
kevinoconnor7 wrote: post #228

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…

[deleted]

Re: DigitalOcean S-1

#410

Post by Jamieee »

iav wrote: post #205
Jamieee wrote: post #202

I used Nanobox quite heavily before DO bought them. But was a bit surprised when I saw the below, does this mean that they only payed $3,544 for the company? Or is there more to it than that? > On April 4, 2019, the Company acquired 100% of the outstanding equity of Nanobox, Inc., a Delaware corporation (“Nanobox”), a deployment and management platform provider for cloud infrastructure. The final purchase price for N…

It’s in thousands - $3.5mm

I didn't spot that! Thanks! That's a bit better.
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