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DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

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Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#91

Post by barake »

bhouston wrote: post #45
bananas wrote: post #14

Adding to the commentary on here with something not so gushing: * kernels lag terribly behind the distributions meaning you're wide open sometimes. * can't resize or add storage * no freebsd support or custom kernels * VM availability problems. If you want to have another box, you aren't guaranteed to get one. * no IPv6 * somewhat shonky security reputation. * cant deliver to yahoo mail from their AMS2 IPs I've been…

> * can't resize or add storage This is a huge issue for us and we've wasted time with this.

Resizing is our #1 issue with DO. The current quick resize adds cores and RAM just fine, but it's a one way trip.

It's not possible to shrink upsized instances like you can on Linode. On DO you can't even restore a snapshot or backup to a smaller instance size - you must rebuild from scratch.

I guess the right way to handle this is a configuration management tool, but this is a real pain since there is only local storage.

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#92

Post by rschmitty »

phaemon wrote: post #54
hiphopyo wrote: post #16

Earlier quoted context omitted.

My logs show increased break-in attempts after moving to Digital Ocean. Their IPs are hot targets for hackers, making it all the more important to properly secure my droplets, something I'm having a hard time doing in Linux. With Linux, it's lot of beating around the bush. Overcomplicated config files, a lot of disabling and removing of things one don't need, having to deal with a messy and outdated firewall. With Op…

Do: sudo ufw allow proto tcp from any to any port 22 sudo ufw enable Then you can just edit /etc/ssh/sshd_config the same as you would on OpenBSD.

This is why I love having a static IP.

    sudo ufw allow from your.ip.addr to tcp port 22
Rest of the world doesnt know I have ssh up and if I'm ever in a hotel or something I can tunnel through my home or login to DO's panel and allow another ip

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#93

Post by AznHisoka »

dave_sullivan wrote: post #70
oijaf888 wrote: post #49

Earlier quoted context omitted.

Double taxation isn't related to the salary you get paid but the dividends that a corporation pays out. A corporation pays taxes on income then when it pays it out as dividends you pay taxes on it again, hence double taxation. As far as I'm aware you are unable to deduct dividend payments from corporate income for the purposes of taxation. So no, its not FUD in that case at all.

Alright, I'll bite. You're right. But you're not going to avoid the stock market (where you might get paid in dividends) because you want to avoid double taxation. However, when forming a company for the first time, you'll hear double taxation cited as a reason you might not want to form a corporation. This is stupid because you're not going to pay yourself in dividends. Of course there are many reasons you might cho…

Hmm.. question for u. Say I start a corporation, with just me and another partner, and I need to pay myself... So the revenue earned by the company that's paid to me. that's taxed once by the company. And then again by me as salary. No? Isn't that how it works?

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#94

Post by whalesalad »

Mark my words these guys are gonna be huge. Sure they are lacking in a lot of areas (like bananas mentions) but thats why you get VC funding and hire a badass like Jeff Lindsay (http://progrium.com)

I'm really excited to see these dudes take on AWS with a higher-level and more performant platform.

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#95

Post by blhack »

puppetmaster3 wrote: post #90

I use them for remote DC's (assia, EU, etc.) at $5 each. Only their billing is a hot mess, mostly because they think it works and their customers are wrongly entering the CC #. For 4 months now, same problem and they have off-shore support that reads scripted answers. They just read the closest answer related to billing.

Remote domain controllers? (Sorry, I'm missing something here, I think)

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#96

Post by blhack »

I've said many, many times that the best thing you can do as a budding dev is to spin up a VPS somewhere and start hacking.

A while ago, I started giving out VPSs to friends of mine to get them to stop making excuses about why they can't code.

Digital ocean, at $5/mo, has made this really easy :)

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#97

Post by oijaf888 »

dave_sullivan wrote: post #70
oijaf888 wrote: post #49

Earlier quoted context omitted.

Double taxation isn't related to the salary you get paid but the dividends that a corporation pays out. A corporation pays taxes on income then when it pays it out as dividends you pay taxes on it again, hence double taxation. As far as I'm aware you are unable to deduct dividend payments from corporate income for the purposes of taxation. So no, its not FUD in that case at all.

Alright, I'll bite. You're right. But you're not going to avoid the stock market (where you might get paid in dividends) because you want to avoid double taxation. However, when forming a company for the first time, you'll hear double taxation cited as a reason you might not want to form a corporation. This is stupid because you're not going to pay yourself in dividends. Of course there are many reasons you might cho…

If you run a company and are paying yourself excess profits as salaries or bonuses, you are paying payroll taxes on that money. If you have a C corp you are paying taxes on that money as dividends. If you have a pass through entity of some sort (S corp, LLC, etc) you can avoid paying payroll taxes on distributions and also avoid double taxation.

Unless I'm missing something with AWS, what oversight in their system causes you to lose data? They are quite upfront and transparent that your data does not stick around unless you use EBS.

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#98

Post by vertex-four »

hiphopyo wrote: post #11
Kudos wrote: post #5

Earlier quoted context omitted.

What is integrated about it? They're just a VPS provider, which is a strict subset of what you can do on AWS.

Correct me if I'm wrong, but aren't they a cloud provider? Ie. a bunch of machines connected into a distributed network, acting like a single virtual machine but with unlimited speed, memory and bandwidth, with the possibility of downtime completely eliminated, and where one only has to pay for the speed, memory and bandwidth one uses.

Aside from Google App Engine, no cloud services provider, whether IaaS or PaaS, gets even close to the description you're providing, and even GAE doesn't really.

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#99

Post by logjammer »

AznHisoka wrote: post #93
dave_sullivan wrote: post #70

Earlier quoted context omitted.

Alright, I'll bite. You're right. But you're not going to avoid the stock market (where you might get paid in dividends) because you want to avoid double taxation. However, when forming a company for the first time, you'll hear double taxation cited as a reason you might not want to form a corporation. This is stupid because you're not going to pay yourself in dividends. Of course there are many reasons you might cho…

Hmm.. question for u. Say I start a corporation, with just me and another partner, and I need to pay myself... So the revenue earned by the company that's paid to me. that's taxed once by the company. And then again by me as salary. No? Isn't that how it works?

No, that is not how it works. Your salary is an expense for the company, paid before any corporate tax is paid, and thus reduces corporate tax.

A company that has $10MM in revenue, and $10MM in salary expense will pay zero corporate income tax.

Re: DigitalOcean Raises $37.2M From Andreessen Horowitz to Take on AWS

#100

Post by aluskuiuc »

jcampbell1 wrote: post #48
dave_sullivan wrote: post #18

Earlier quoted context omitted.

That's true in the same way that double taxation is a concern when setting up a corporation. It kind of is, but it's really not. Due to downvotes, I guess I better explain what I mean: Basically, EC2 provides instances where "if you restart your server you lose your data". You don't use those when that would be a problem for you, you use EBS backed instances which do not have this problem. Or you do it some other way…

I don't get the analogy. With EC2 you either lose your data when rebooting, or you have to use network storage (iSCSI) which has advantages and disadvantages. BTW, when I invest in a corporation, I do get double taxed. The profits are taxed at the highest possible income tax rate, then I pay 15% tax on the distribution of profits. Of course if I work for that corporation, I opt to take the "profits" as a bonus. I pay…

I'll pick this comment out of the many to reply to rather than spamming - you do not lose your data when you reboot an EC2 instance. Local ephemeral stores are retained unless you terminate or 'stop' your instance - but a reboot is just fine.
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