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DigitalOcean Receives $50M in Funding

businesswire.com

11–20 of 100 posts

Re: DigitalOcean Receives $50M in Funding

#11
post #10

Awesome, maybe now they can afford to accept debit cards.

I never had a problem paying via debit card when I used them. I don't have any active droplets with them right now, but I've always paid with my bank issued debit card, and looking at it now it's still the active payment method on my account.

Re: DigitalOcean Receives $50M in Funding

#12
post #9

Earlier quoted context omitted.

Yes, it's money now in exchange for money in the future, vs money now in exchange for ownership.

Wouldn't this be a better deal than money in exchange for ownership? I mean, they get the money and still have control of the company.

Companies take debt to optimise tax.

Re: DigitalOcean Receives $50M in Funding

#13
post #8

It blows my mind that this is happening. Back in the day, there were a thousand cheapo VPS providers out there with similar rates. But DO were the ones to put up an extremely simplified interface to spinning up VMs and that has seen them skyrocket (I'm not saying this is a bad thing). At the end of the day, I feel sorry for linode. The guys who offer a much better service (in almost every way) and are often overlooke…

Doesn't Linode have a really bad security record?

Re: DigitalOcean Receives $50M in Funding

#14
post #8

It blows my mind that this is happening. Back in the day, there were a thousand cheapo VPS providers out there with similar rates. But DO were the ones to put up an extremely simplified interface to spinning up VMs and that has seen them skyrocket (I'm not saying this is a bad thing). At the end of the day, I feel sorry for linode. The guys who offer a much better service (in almost every way) and are often overlooke…

DigitalOcean offered SSD-backed VMs at low prices. They were one of the first to do so.

I was very happy with Linode, but they dragged their feet for years on it. My workload was I/O-bound and I got far more bang for my buck from DigitalOcean, so I jumped.

Re: DigitalOcean Receives $50M in Funding

#16
post #8

It blows my mind that this is happening. Back in the day, there were a thousand cheapo VPS providers out there with similar rates. But DO were the ones to put up an extremely simplified interface to spinning up VMs and that has seen them skyrocket (I'm not saying this is a bad thing). At the end of the day, I feel sorry for linode. The guys who offer a much better service (in almost every way) and are often overlooke…

I signed up for DO because they were $5/mo and at the time Linode was $20. Twenty bucks is fine for production but for hobbyist mucking about, which I would classify my usage as, it's a bit steep. I image many users are in a similar situation.

Re: DigitalOcean Receives $50M in Funding

#18

Is digital ocean profitable ? Is the 5 dollars server killing them or putting them on top of chart ?

OVH offers KVM virtual servers with SSD starting at $2.5/mo[1], and announced they will have an even smaller $1.25/mo plan[2]. All that with more memory than DO.

I'm guessing that VPS providers have a low support cost/customer compared to shared hosting. No hairy compatibility issues, everything is neatly abstracted away, everyone has their own, independent environment with most of the administrative tasks offloaded onto the user.

After you toss in a few guides that double as marketing, and are usually written by the users themselves, all that's left is to take care of the hardware and bill.

[1] https://www.runabove.com/index.xml#compute

[2] https://twitter.com/olesovhcom/status/524334437039747073

Re: DigitalOcean Receives $50M in Funding

#19
post #8

It blows my mind that this is happening. Back in the day, there were a thousand cheapo VPS providers out there with similar rates. But DO were the ones to put up an extremely simplified interface to spinning up VMs and that has seen them skyrocket (I'm not saying this is a bad thing). At the end of the day, I feel sorry for linode. The guys who offer a much better service (in almost every way) and are often overlooke…

Doesn't Linode have a really bad security record?

They've been hit with a coldfusion 0day in the past, but the stuff that has happened to them could happen to anyone. I wouldn't have much to critique about their security practices.

Re: DigitalOcean Receives $50M in Funding

#20
post #8

It blows my mind that this is happening. Back in the day, there were a thousand cheapo VPS providers out there with similar rates. But DO were the ones to put up an extremely simplified interface to spinning up VMs and that has seen them skyrocket (I'm not saying this is a bad thing). At the end of the day, I feel sorry for linode. The guys who offer a much better service (in almost every way) and are often overlooke…

Last time I checked Linode (~2 years ago) they were a bit pricey compared to competition. Maybe this is no longer the case?
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