It is not a joke.
> I have no understanding of the concept of humor...
So it is a joke.. Or at the very least tongue in cheek. (With some exceptions,) I doubt hosting is what most VC funding is spent on.
Edit: as he said, "The biggest obstacle to creating something useful is finding the time to build it and attracting an initial pool of paying customers." If you have access to those you probably have $37. I get that he is trying to say technical costs can be negligible for startups. I fail to see how Investment Co-Prosperity Cloud helps anyone in anyway. And thus, I think it's a joke (even if the funding is real).