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Vultr Raises $333M at $3.5B Valuation

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

#51

Post by neom »

moralestapia wrote: post #42
neom wrote: post #4

When DigitalOcean got it's a16z money: https://x.com/Vultr/status/489139385154420736

You held this grudge for 10 years, lmao. Joke aside, 300M for 10% of your company in its only ever funding round is a pretty sweet deal. It made its founder a billionaire "overnight". He stands at a company with about the same market cap as DO, but private, with full control and very low dilution. I would consider that a win.

ngl I def feel a bit smug getting to pull that one out... but they used to tweet and delete mean shit at me all the time, heh. I feel like Joyent has more reason to hate me than Vultr, I never bothered Vultr!!!! :)

Yeah, jokes aside I think David Aninowsky is a super smart guy, I actually quite like him. Funnily enough, I'd even emailed them a couple years ago to pitch them letting me build this VERY idea for them, never heard back. :)

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

#52

Post by philsnow »

moralestapia wrote: post #42
neom wrote: post #4

When DigitalOcean got it's a16z money: https://x.com/Vultr/status/489139385154420736

You held this grudge for 10 years, lmao. Joke aside, 300M for 10% of your company in its only ever funding round is a pretty sweet deal. It made its founder a billionaire "overnight". He stands at a company with about the same market cap as DO, but private, with full control and very low dilution. I would consider that a win.

> You held this grudge for 10 years, lmao.

~18 years ago I owned a Belkin router that would hijack on the order of 1/10000th of plain http requests and send them to a belkin.com domain to try to get people to buy more Belkin products.

I have not bought another Belkin product since.

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

#53

Post by kijin »

alephnerd wrote: post #39
kijin wrote: post #17

Earlier quoted context omitted.

Digital Ocean has a market cap of $3.49B as of yesterday, so $3.5B for Vultr sounds about right. It's a mundane business in a crowded market, providing services they copied from other companies, which in turn anyone can copy. Oh, and they also need to compete with Akamai (Linode) who probably have much deeper pockets.

> Oh, and they also need to compete with Akamai (Linode) who probably have much deeper pockets. As of a couple (2-3 years ago) Akamai had no plans or interest to expand into Cloud. They wanted to remain on-prem/hybrid because of existing synergies and strategies. Their CDN business was also heavily used by companies that have cloud BUs. I don't think this strategy has changed.

Yet Akamai hedged their bet by acquiring a well-known VPS company.

Just because they aren't aggressive about expanding Linode doesn't mean that Linode is not a serious competitor to Vultr. Linode offers nearly everything Vultr does, at a similar price point.

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

#54

Post by firesteelrain »

alberth wrote: post #30
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...

Azure has had fractional GPUs for a while. I am not sure when it started.

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

#55

Post by everfrustrated »

mgkimsal wrote: post #14

I've started testing with vultr some because they offer affordable fractional GPUs. I think I had something running for about $60/month with a 'real' GPU. 1/24th a GPU, IIRC, but... better than nothing. DO and linode offer GPU service, but the minimal cost just to get something up is significantly more.

Fractional as in SR-IOV?

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

#56

Post by belval »

dzonga wrote: post #44
gorbypark wrote: post #38

I don't remember the exact details, but I used to have a Vultr VPS (I think the smallest they had, for something like $2.50/month) for a few years running OpenBSD. One day I noticed IPV6 had stopped working, so I emailed support after a while because I wasn't sure if I had broken it during an upgrade a few months before or not (I don't ever really specifically use IPV6). Anyways, got a super detailed reply back from…

and i'm still salty that 2.5 vps is can't be found anymore.

Do you mean on vultr or in general? Because $2.5/month VPS are still widely available on lowendbox: https://lowendbox.com/.

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

#57

Post by icedchai »

gorbypark wrote: post #38

I don't remember the exact details, but I used to have a Vultr VPS (I think the smallest they had, for something like $2.50/month) for a few years running OpenBSD. One day I noticed IPV6 had stopped working, so I emailed support after a while because I wasn't sure if I had broken it during an upgrade a few months before or not (I don't ever really specifically use IPV6). Anyways, got a super detailed reply back from…

I use Vultr for a couple of VPSes. They are great!

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

#59

Post by jorams »

belval wrote: post #56
dzonga wrote: post #44

Earlier quoted context omitted.

and i'm still salty that 2.5 vps is can't be found anymore.

Do you mean on vultr or in general? Because $2.5/month VPS are still widely available on lowendbox: https://lowendbox.com/ .

They're also still available from Vultr. I just checked the wayback machine and the only thing that seems to have changed since their introduction in ~2017 is that the included SSD was reduced from 20GB to 10GB in early 2019.

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

#60

Post by VoidWhisperer »

Interesting that this ends up posted on the same day I got this email from them for my VM hosting a vpn:

"Our monitoring system indicated an issue with the hardware node hosting the instances listed in this email. A sudden reboot has been detected. Our engineering team is currently investigating the issue that caused this, but we expect no impact on data and/or configurations."

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