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Vultr Raises $333M at $3.5B Valuation

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Re: Vultr Raises $333M at $3.5B Valuation

#13
post #3

"Cloud AI Startup Vultr" We really have let this go too far when a mid tier VPS provider is now a "cloud AI startup".

Founded in 2014. Sigh.

tweet reference by another poster makes it seem like they've been around since '96 in some form

Re: Vultr Raises $333M at $3.5B Valuation

#14
I've started testing with vultr some because they offer affordable fractional GPUs. I think I had something running for about $60/month with a 'real' GPU. 1/24th a GPU, IIRC, but... better than nothing. DO and linode offer GPU service, but the minimal cost just to get something up is significantly more.

Re: Vultr Raises $333M at $3.5B Valuation

#16

Earlier quoted context omitted.

Founded in 2014. Sigh.

tweet reference by another poster makes it seem like they've been around since '96 in some form

Upon further digging there is a parent LLC[1] which I presume is the one predating the Vultr entity.

[1]ClanServers Hosting LLC

Re: Vultr Raises $333M at $3.5B Valuation

#17
post #9
post #3

"Cloud AI Startup Vultr" We really have let this go too far when a mid tier VPS provider is now a "cloud AI startup".

They're not even a startup, the company is 10 years old. The investment does make some sense from AMD perspective though. They need people to be able to access their GPUs, on a rental basis. They can't really throw enough money at AWS, GCP or Azure to make a difference, but Vultr is a trusted VPS provider, where AMD can buy a lot of influence for a realistic amount of money. I do find it interesting that Vultr has su…

Digital Ocean has a market cap of $3.49B as of yesterday, so $3.5B for Vultr sounds about right.

It's a mundane business in a crowded market, providing services they copied from other companies, which in turn anyone can copy. Oh, and they also need to compete with Akamai (Linode) who probably have much deeper pockets.

Re: Vultr Raises $333M at $3.5B Valuation

#18

I've started testing with vultr some because they offer affordable fractional GPUs. I think I had something running for about $60/month with a 'real' GPU. 1/24th a GPU, IIRC, but... better than nothing. DO and linode offer GPU service, but the minimal cost just to get something up is significantly more.

I’ve also use those … shhh don’t tell everyone, they have already been full on many occasions.

IMO Vultr is best cloud provider and I’ve tried many. I can’t give a single reason but more they seem to get the balance of features correct for me.

Re: Vultr Raises $333M at $3.5B Valuation

#20
post #9
post #3

"Cloud AI Startup Vultr" We really have let this go too far when a mid tier VPS provider is now a "cloud AI startup".

They're not even a startup, the company is 10 years old. The investment does make some sense from AMD perspective though. They need people to be able to access their GPUs, on a rental basis. They can't really throw enough money at AWS, GCP or Azure to make a difference, but Vultr is a trusted VPS provider, where AMD can buy a lot of influence for a realistic amount of money. I do find it interesting that Vultr has su…

10 years isn't all that long for a company to remain a "startup".
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