191–200 of 203 posts
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Most corporations past a certain point have in-house counsel because it would be ruinous to pay Big Law for every little thing. That's not a narrow legal perspective, it's one look at a very obvious balance sheet. The same could go for hosting.
Your legal department does not replace your retained lawyers, they add to it. It’s separate roles.
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I can't even fathom this statement tbh, it doesn't make any sense. They are in the most profitable and protected niche there can be in the US.
Historically, selling to a small niche of price-insensitive customers (e.g. mainframes, defense) breeds complacency and eventual failure. You can see VMware go down that death spiral over its history where every release was more expensive with less innovation.
VMware was a publicly traded company got more than a 20 year run where they dominated virtualization and captured over 80% of virtualized servers. That a publicly traded company sold out to another publicly traded company over and over after two decades where they got scraped for change in the couch cushions doesn't surprise me at all.
> (e.g. mainframes, defense) And yet mainframes are still in use, still getting purchased, and Defense is by far the largest segment seeing movement in the US right now. TONS of dollars, much of it going into AI, drones, etc. Much of which needs digital and infrastructure development and deployment for R&D and operations.
Right now is probably an amazing time for them sales / interest wise. A LOT of money going into software and hardware attestation right now.
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She stepped down several years ago. She was still listed as an advisor in some capacity, but she moved on to a different startup.
From a 2024 interview: > In this episode, we sit down with Jessie Frazelle, CEO and co-founder of Zoo, a company working on innovative software and hardware technology. Jessie shares her fascinating journey, from getting her start at digital agencies to working at tech giants like Google and Microsoft and ultimately co-founding her own successful startup, Zoo. * https://www.youtube.com/watch?v=9MkDJMiB_8U > Zoo makes…
That's just not an acceptable modality of software for complex hardware industries. I'm not going to launch a half-decade long engineering project on a subscription software where I rent access to my own design files and logic. You can't access CAD on a plane, in flaky WiFi, or at a remote test facility or site. Until they let me just buy and run their software on my team's computers it's a non-starter.
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How so?
Because OP's email is in their bio, for one.
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as far as I can tell, yes? It seems like Jane street and lawrence national laboratory are two confirmed customers.
I couldn't find any evidence Jane Street is a customer, only that Jane street is an investor. Do you have a source for that?
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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 i…
They mean is that they are much harder to acquire. Their goal is to become an independent public company.
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> You don't raise this much money this fast without having some success to show the investors. I’m pretty sure the dotcom bubble had many counterexamples
pets.com has entered the chat.
https://en.wikipedia.org/wiki/Webvan
>Bankruptcy
>The company lost over $800 million and shut down in June 2001, filing for bankruptcy and laying off 2,000 employees.
>Reasons for failure
>CNET named Webvan one of the largest dot-com flops in history.
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One great thing about historical fact is that anyone is able to check them, including interviews with key figures. I am using computers since 1986.
Ironically, not only are you entirely wrong on the facts themselves, but the historical record in this case is incredibly (and unusually) crisp: the Merger Proxy Statement that Sun had to file with the SEC[0] has, in accordance with Delaware law, the full narrative of the acquisition. In the "Background of the Merger" section of that document, there is an incredibly detailed (and interesting!) story of three companie…
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IBM stuff is likely to expensive and optimized for different things. Same for the other Post-Mainframe stuff. You would pay for a lot of stuff you don't need, and there is a reason very few new costumers adopt it. Oxide costumers want to run standard VM that they normally run in public cloud. Do Oracle Solaris serves come with a horizontal scale out cloud infrastructure? As far as I know they don't.
Oracle Cloud services?
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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…
I mean its capex vs opex, assuming a 5 year deprecation period thats 1.2 million isnt too bad, its 10% of their aws spend.
It is not once and done you have some continuous costs in either direction.
1. you will not be able to still move all your workloads only your base loads .
2. There will be residual workloads not only if they are spot/flexible bursts but also they are too deeply integrated to Paas offerings .
3. you have to pay for power cooling and network (and its backup) for 5 years .
4. Finally you also have pay for infra team to maintain, this is increasingly difficult (and expensive) to hire and retain .
Don’t get me wrong I would love to be able buy something like this, but the cost economy is pretty steep and 1-2M spends is too early (it is not on oxide, serious hardware costs a ton these days )