Vultr Raises $333M at $3.5B Valuation • Hacker News Board

Re: Vultr Raises $333M at $3.5B Valuation

#21

Post by wut42 » Wed, Dec 18, 2024, 2:41 PM UTC

nickdothutton wrote: post #16

notwhereyouare wrote: post #13

Earlier quoted context omitted.

tweet reference by another poster makes it seem like they've been around since '96 in some form

Upon further digging there is a parent LLC[1] which I presume is the one predating the Vultr entity. [1]ClanServers Hosting LLC

it was Choopa before being Vultr. They had other brands. Current holding has renamed to "The Constant Company" or something.

Re: Vultr Raises $333M at $3.5B Valuation

#22

Post by bauruine » Wed, Dec 18, 2024, 2:43 PM UTC

nickdothutton wrote: post #16

notwhereyouare wrote: post #13

Earlier quoted context omitted.

tweet reference by another poster makes it seem like they've been around since '96 in some form

Upon further digging there is a parent LLC[1] which I presume is the one predating the Vultr entity. [1]ClanServers Hosting LLC

They where using the brand Choopa before vultr which was a thing since at least 2001. [0]

EDIT: News about their brand consolidation [1]

[0]: https://web.archive.org/web/20010405033628/http://choopa.com...

[1]: https://www.constant.com/transition-to-vultr/

Re: Vultr Raises $333M at $3.5B Valuation

#23

Post by qoez » Wed, Dec 18, 2024, 2:47 PM UTC

Real nvidia competition will come from innovating in chips, not this thing which is mostly focused on way higher levels (cloud)

Re: Vultr Raises $333M at $3.5B Valuation

#24

Post by nickdothutton » Wed, Dec 18, 2024, 2:48 PM UTC

wut42 wrote: post #21

nickdothutton wrote: post #16

Earlier quoted context omitted.

Upon further digging there is a parent LLC[1] which I presume is the one predating the Vultr entity. [1]ClanServers Hosting LLC

it was Choopa before being Vultr. They had other brands. Current holding has renamed to "The Constant Company" or something.

All of this just makes me suspicious, perhaps unnecessarily so. I'm old enough to remember ENRON stashing a load of debt in their various "Raptor" LLCs before the final implosion.

Re: Vultr Raises $333M at $3.5B Valuation

#25

Post by MangoCoffee » Wed, Dec 18, 2024, 2:53 PM UTC

leetrout wrote: post #3

"Cloud AI Startup Vultr" We really have let this go too far when a mid tier VPS provider is now a "cloud AI startup".

Masayoshi Son (SoftBank) is investing $100 billion (?) in the US and heavily focusing on AI. Maybe they're trying to grab his attention? /s.

Re: Vultr Raises $333M at $3.5B Valuation

#26

Post by karmakaze » Wed, Dec 18, 2024, 2:57 PM UTC

leetrout wrote: post #3

"Cloud AI Startup Vultr" We really have let this go too far when a mid tier VPS provider is now a "cloud AI startup".

This I don't mind. They offer cloud GPUs, why not call it what buyers want to see?

Re: Vultr Raises $333M at $3.5B Valuation

#27

Post by simonw » Wed, Dec 18, 2024, 3:04 PM UTC

nickdothutton wrote: post #16

notwhereyouare wrote: post #13

Earlier quoted context omitted.

tweet reference by another poster makes it seem like they've been around since '96 in some form

Upon further digging there is a parent LLC[1] which I presume is the one predating the Vultr entity. [1]ClanServers Hosting LLC

https://www.gameservers.com/corporate/article/27/Clan-Server...

June 20, 2006: "Clan Servers Announces New Identity and Launch of GameServers.com"

https://www.linkedin.com/in/david-aninowsky-b1241924/ shows current role as Founder/Executive ChairmanFounder/Executive Chairman, Vultr, but also lists CEO/FounderCEO/Founder GameServers.com Mar 2003 - Feb 2021

(As someone who played a bunch of TFC, UT, Quake 3 and Counter-Strike back around the turn of the century it's fun to see someone from that world who rode the wave all the way to modern GPU hosting.)

Re: Vultr Raises $333M at $3.5B Valuation

#28

Post by karmakaze » Wed, Dec 18, 2024, 3:05 PM UTC

My experience with Vultr has been better than with any of the other smaller VM providers. They always seem to provide just a little extra, and don't always nickle and dime you at every opportunity. I originally chose them because they most consistently had the best VM performance/price measured by a third party.

The other thing that stands out in that space is that their pricing isn't linear by vCPU and RAM. e.g. larger instances give better ratios and also offer bare-metal servers if you got to a scale and stability where that would be better suited.

Re: Vultr Raises $333M at $3.5B Valuation

#29

Post by impulser_ » Wed, Dec 18, 2024, 3:07 PM UTC

Are they bigger than DigitalOcean?

DigitalOcean is also currently valued at 3.5 billion right now, does ~800m ARR, 125m FCF, and profitable.

Anyone know how Vultr compares to this?

Re: Vultr Raises $333M at $3.5B Valuation

#30

Post by alberth » Wed, Dec 18, 2024, 3:10 PM UTC

leetrout wrote: post #3

"Cloud AI Startup Vultr" We really have let this go too far when a mid tier VPS provider is now a "cloud AI startup".

In all fairness, Vultr was the first hosting company to offering fractional GPUs - and they gained a lot of traction with indie developers as a result of it.

Not sure if this was their first GPU offering, but they have been doing it for 2.5+ years (at minimum)

https://www.businesswire.com/news/home/20220524005336/en/Int...