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A Swedish startup’s bid to build a green rival to AWS

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Re: A Swedish startup’s bid to build a green rival to AWS

#191

Post by nprateem »

ChuckNorris89 wrote: post #167
nikanj wrote: post #162

Earlier quoted context omitted.

Seems like you already answered yourself. Crony capitalism and nepotism are the traditional EU way of doing business. That’s why our companies tend to lose on the global market, when faced with a level playing field and real competition

Pretty much yes, that's why all EU funded tech projects are half-assed. As soon as the EU public money dries up, all investors pull out as well because they know nothing they do is meant to be competitive on the free market, they're just there to suck on the teat of easy EU money and take off when it's dry. The sad part is, without EU money, nothing in tech would happen in the EU. We have no VC investors willing to p…

How would an investor pull out prior to an exit? Since they can't why would they invest in something they don't expect to be competitive. How could they suck on the EU teat? This makes no sense.

As you point out, the real issue appears to be a lack of VC risk appetite for investing in early-stage startups in the EU vs the US.

Re: A Swedish startup’s bid to build a green rival to AWS

#192

Post by ChuckNorris89 »

nprateem wrote: post #191
ChuckNorris89 wrote: post #167

Earlier quoted context omitted.

Pretty much yes, that's why all EU funded tech projects are half-assed. As soon as the EU public money dries up, all investors pull out as well because they know nothing they do is meant to be competitive on the free market, they're just there to suck on the teat of easy EU money and take off when it's dry. The sad part is, without EU money, nothing in tech would happen in the EU. We have no VC investors willing to p…

How would an investor pull out prior to an exit? Since they can't why would they invest in something they don't expect to be competitive. How could they suck on the EU teat? This makes no sense. As you point out, the real issue appears to be a lack of VC risk appetite for investing in early-stage startups in the EU vs the US.

You misunderstood. As soon as the EU pulls out, so do the private investors. They're only along for the ride as long as the EU puts in most of the money and the risk.

Re: A Swedish startup’s bid to build a green rival to AWS

#193

Post by 11235813213455 »

boulos wrote: post #66
belval wrote: post #18

Corporate fluff aside, AWS is on track to run on 100% renewables by 2025[1] so the selling is mostly "European cloud" since the green part will be mostly expected by the time they actually ramp up. Competition is always good though. > Studies by 451 Research have shown that AWS’ infrastructure is 3.6 times more energy efficient than the median of U.S. enterprise data centers surveyed and up to five times more energy…

Disclosure: I used to work on GCE. "Renewable" is a broad set of terms. Importantly from your first link on GCP it says: > Google is carbon neutral for our operations today, but aiming higher: our goal is to run on carbon-free energy, 24/7, at all of our data centers by 2030. Carbon-free, 24x7, is a stronger commitment than carbon-neutral which would include using renewable power offsets. Amazon's methodology is at h…

I don't really like terms like "carbon-free" when most components, transports and many indirect pollution used by those infrastructure use oil-derived products

It's like when I see the sign "0% pollution" on EVs, it's so far from the reality, it's the same order of magnitude of (direct and indirect) pollution than a fossil fuel vehicle, and a few order of magnitude larger than a bicycle (which is not exactly 0 too, it contains plastics, and a little bit of maintainance)

Re: A Swedish startup’s bid to build a green rival to AWS

#194

Post by prmoustache »

carlosjobim wrote: post #57
foolswisdom wrote: post #6

They want to create competing to US cloud companies in Europe. If I understand the business strategy as presented they initially will target companies that can't use US cloud for legal reasons, so US clouds can't even compete (so the competition while they get off the ground is small scale cloud providers in Europe), which will then give them a base from which to fight the big clouds for clients. Quick googling says…

It should be embarrassing for Europeans that the only way they can compete with Americans in IT is by literally banning US products. I don't think that will work out very well for them in the long run. Europe is otherwise usually a fierce competitor in high tech, but when it comes to IT it seems they didn't really got going strong. Just out of sheer patriotism, European companies could snatch back a lot of customers…

Isn't it similar to what the USA did when many companies started replacing cisco network equipment, Dell/HP servers and SANs for the cheaper Huawei offering?

Re: A Swedish startup’s bid to build a green rival to AWS

#195

Post by raverbashing »

benced wrote: post #97
iLoveOncall wrote: post #85

Earlier quoted context omitted.

It's not at all a selling point. You can do the same on AWS, get an EC2 and install everything there, that's it. The thing is that when you will need to leverage the other services of AWS, they will be there, while you will need to migrate if you're on one of those server providers.

I never understood the complaints of complexity about AWS. You can easily just use EC2 and maybe S3 and ignore the other 100 icons. I think, in practice, what folks are complaining about is that AWS has the worst UI known to man. In which case, you can use GCP for their nice UI and still get the benefits of a hyperscaler. I don’t mean to say that the simpler services have no place in the market but it’s pretty narrow…

> You can easily just use EC2

Now compare the cost of it for a month/year compared to other providers

Re: A Swedish startup’s bid to build a green rival to AWS

#196

Post by arlort »

belval wrote: post #52
nikanj wrote: post #22

Earlier quoted context omitted.

EU is pouring huge amounts of money into development grants, because they want to decrease their dependency on the global markets. Expect GAaaS startups (grant applications as a service) to pop up left and right, offering extremely slick pitch decks, founders in well-fitting suits and ridiculous pie-in-the-sky business ideas. It’s some version of ”build it and they will come”. Granting millions in free money to anyon…

> Over the next two years, it plans to raise €3bn — that averages out as €125m a month for everyone keeping score at home The EU pledged €2bn so it's mostly government funding. Imagine burning €125m in public money every month.

The EC wants to invest 2b€ in the sector in general, not in the company specifically

Re: A Swedish startup’s bid to build a green rival to AWS

#197

Post by nprateem »

ChuckNorris89 wrote: post #192
nprateem wrote: post #191

Earlier quoted context omitted.

How would an investor pull out prior to an exit? Since they can't why would they invest in something they don't expect to be competitive. How could they suck on the EU teat? This makes no sense. As you point out, the real issue appears to be a lack of VC risk appetite for investing in early-stage startups in the EU vs the US.

You misunderstood. As soon as the EU pulls out, so do the private investors. They're only along for the ride as long as the EU puts in most of the money and the risk.

We must know different investors. What ride would they be on except to bankruptcy if they can't profit from their investment?

Re: A Swedish startup’s bid to build a green rival to AWS

#198

Post by carlosjobim »

prmoustache wrote: post #194
carlosjobim wrote: post #57

Earlier quoted context omitted.

It should be embarrassing for Europeans that the only way they can compete with Americans in IT is by literally banning US products. I don't think that will work out very well for them in the long run. Europe is otherwise usually a fierce competitor in high tech, but when it comes to IT it seems they didn't really got going strong. Just out of sheer patriotism, European companies could snatch back a lot of customers…

Isn't it similar to what the USA did when many companies started replacing cisco network equipment, Dell/HP servers and SANs for the cheaper Huawei offering?

Sounds very similar. Didn't Huawei stuff get banned as well?

Re: A Swedish startup’s bid to build a green rival to AWS

#199

Post by bullen »

PhilippGille wrote: post #179
bullen wrote: post #173

The hardware is peaking. So software is where you can make the difference: http://host.rupy.se

I wonder why they are HTTP only. Despite some of the hosted (3rd party?) pages having login forms.

The login uses OTP: https://datatracker.ietf.org/doc/html/rfc2289

No need for HTTPS.

Re: A Swedish startup’s bid to build a green rival to AWS

#200

Post by carlosjobim »

Aeolun wrote: post #103
carlosjobim wrote: post #57

Earlier quoted context omitted.

It should be embarrassing for Europeans that the only way they can compete with Americans in IT is by literally banning US products. I don't think that will work out very well for them in the long run. Europe is otherwise usually a fierce competitor in high tech, but when it comes to IT it seems they didn't really got going strong. Just out of sheer patriotism, European companies could snatch back a lot of customers…

The big problem is IT in Europe just doesn’t pay very well. It beats a blue collar job, but anyone truly good has the option to emigrate for 2-3x more money.

The question is: Why won't the companies pay well? Good quality IT gives massive savings/profit, there should certainly be enough left over to pay the people who actually did the work. I think there is an attitude in Europe of workers not deserving high compensation, by the virtue of them dirtying themselves with work and not belonging to the owner class. If you lose talented employees, so be it, they simply don't deserve getting paid better no matter how much money they bring in to you.
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