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Oxide Computer raises $445M (SEC Form D)

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Re: Oxide Computer raises $445M (SEC Form D)

#91
post #75

Earlier quoted context omitted.

How about the sellout of Joyent to Samsung?

Joyent was founded in 2004. Bryan joined in 2014 - I doubt he had much, if any, say in the sale proceeding or not.

He became CTO in 2014. I was familiar with him at Joyent some years before that though.

edit/update: and the Samsung acquisition was in 2016. So I'd hope the CTO would have _some_ involvement in that decision.

Re: Oxide Computer raises $445M (SEC Form D)

#92
post #10

Earlier quoted context omitted.

With those two names it makes more since that I haven't seen anything regarding their use. Not exactly Joe Schmoe LLC as customers.

Joe Schmoe LLC will probably do just fine by sticking to popular clouds. I reckon adopting Oxide Computer would pay off at much larger volumes of traffic, or if you have to do on-prem due to regulatory reasons. It would be nice to know more about pricing so the Enthusiast Joe can have a better idea, but it's more a boutique vibe right now.

Putting together bits and pieces from different sources: a half-rack is the minimum SKU, and it has 1024 cores and 16 TiB RAM for somewhere around $600k. (So many people have repeated the latter number that it must be true! I.e., add salt grains to taste.)

Just the thing for an ambitious enthusiast to upgrade to from their Raspberry Pi rack!

Re: Oxide Computer raises $445M (SEC Form D)

#93
post #20

Earlier quoted context omitted.

If your CIO is not ideologically averse on paying people instead of paying jeff bezos, you can save money even buying dell.

You are 100% correct but you’d be shocked at the mortal terror that “self hosting” inflicts in the minds of even people who should really know better. Also forget Dell. Check out DataPacket.com and other metal hosters. You don’t need to physically rack unless you are huge or have special hardware or security needs. The cloud industry has done an incredible job at a kind of soft pervasive propaganda that running stuff…

Oh man I cannot tell you how many times I've gotten into arguments on here and other technical forums years ago about self-hosting and how 'stupid' I was to not want to rent cloud servers

Re: Oxide Computer raises $445M (SEC Form D)

#94
post #88

Woot!, they are on a tear: 2023: Series A 44 Million https://oxide.computer/blog/oxide-unveils-the-worlds-first-c... 2025: Series B 100 Million https://oxide.computer/blog/our-100m-series-b 2026: Series C 200 Million https://oxide.computer/blog/our-200m-series-c 2026: Series D 445 Million https://www.sec.gov/Archives/edgar/data/1795071/000179507126...

I don’t know who needs to hear this but raising a ton of money is not success. Also interesting from their Series C press release from earlier this year: > With this large Series C, we have entirely de-risked capital going forward, which in turn assures our independence.

Good points.

>I don’t know who needs to hear this

Plenty of people on this forum need to hear it. Because they think otherwise.

>but raising a ton of money is not success.

Yes. It's not even an accurate predictor of future success.

>With this large Series C, we have entirely de-risked capital going forward, which in turn assures our independence.

Independence from whom?

If they mean from everyone, they left out two important categories:

The Series C givers.

The other big C. Customers.

Re: Oxide Computer raises $445M (SEC Form D)

#95
post #6

(VP of Eng here) I filled out their sales form last year and never heard from them. We're currently spending $900k/year on AWS, and they didn't even acknowledge my request. crazy stuff.

we spend 2-2.5M a year I wouldn’t consider us their product scale yet.

My understanding is the full rack is about $1.2M and smallest half rack is about $600k and this was before the RAM and other price hikes now.

You are still going to have some residual cloud workloads(so all AWS won’t migrate ) and HA and DR regions etc plus the maintenance and incidentals (power , connectivity ).

I don’t expect anyone less than 5M spends and high base loads is a good fit for their offering.

Re: Oxide Computer raises $445M (SEC Form D)

#96

The real question is why did Steve Klabnik leave

Exactly what I said here: https://steveklabnik.com/writing/i-see-a-future-in-jj/ I am still a huge fan and supporter of Oxide, and I'm really glad to see them still doing well.

Just read the post you linked but didn't really get it. You left oxide to build something on jj?

Re: Oxide Computer raises $445M (SEC Form D)

#97
post #88

Woot!, they are on a tear: 2023: Series A 44 Million https://oxide.computer/blog/oxide-unveils-the-worlds-first-c... 2025: Series B 100 Million https://oxide.computer/blog/our-100m-series-b 2026: Series C 200 Million https://oxide.computer/blog/our-200m-series-c 2026: Series D 445 Million https://www.sec.gov/Archives/edgar/data/1795071/000179507126...

I don’t know who needs to hear this but raising a ton of money is not success. Also interesting from their Series C press release from earlier this year: > With this large Series C, we have entirely de-risked capital going forward, which in turn assures our independence.

It’s success compared to the other possibility: not raising money and going out of business. We still cheer when a rocket separates from the first stage and ignites the next. Things going as planned during a risky and challenging endeavor is still a good thing.

Re: Oxide Computer raises $445M (SEC Form D)

#98
post #8
post #6

(VP of Eng here) I filled out their sales form last year and never heard from them. We're currently spending $900k/year on AWS, and they didn't even acknowledge my request. crazy stuff.

Hit me up @oxidecomputer.com

This is an embarrassing response.

Re: Oxide Computer raises $445M (SEC Form D)

#100

Woot!, they are on a tear: 2023: Series A 44 Million https://oxide.computer/blog/oxide-unveils-the-worlds-first-c... 2025: Series B 100 Million https://oxide.computer/blog/our-100m-series-b 2026: Series C 200 Million https://oxide.computer/blog/our-200m-series-c 2026: Series D 445 Million https://www.sec.gov/Archives/edgar/data/1795071/000179507126...

lol why are you cheering?

Because they now have money to do cool stuff?
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