I am confused. How do you own a cloud you pay for as a service.
I don't know how it works for Oxide, but this isn't a new concept, IBM has been doing it since the 1950s. Own the mainframe, pay for the required service contract.
Oxide raises $200M Series C
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Re: Oxide raises $200M Series C
#62I am confused. How do you own a cloud you pay for as a service.
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Re: Oxide raises $200M Series C
#63I'm confused what their product is... "The cloud you own"? Isn't that just... a server? Sure, it looks like a very nice server, but is there anything special about it apart from that?
While I haven't looking into it all that deeply, I'd say it's a replacement for vSphere and cobbled together hardware and networking, all with a centralized management interface/API. Traditional hosting still, to some extend, struggle to provide the API, on demand, drive requirements for modern developers, who expect to be able stand up a bunch of virtual machines in a minute or so, especially if you also want a new…
> Traditional hosting still, to some extend, struggle to provide the API, on demand, drive requirements for modern developers, who expect to be able stand up a bunch of virtual machines in a minute or so, especially if you also want a new private network, maybe some IPs and storage pools.
If you don't like vSphere (who does?) you can do all that in Proxmox.
Re: Oxide raises $200M Series C
#64I am confused. How do you own a cloud you pay for as a service.
importantly, you don't pay for it as a service, you buy it and it's yours. like buying a cloud in a box, instead of having to build it yourself with various server, storage, networking, and software vendors it all comes ready to use.
Re: Oxide raises $200M Series C
#65I'm confused and saddened on why Oxide has to keep raising money (in substitute for growth) and keep entrenching their business with VCs and letting them control business and ownership. > "So if we didn’t need to raise, why seek the capital? Well, we weren’t seeking it, really. But our investors, seeing the business take off, were eager to support it." From this of course the VCs will back and support Oxide (they are…
There’s nothing confusing about it. Hardware businesses require a lot of capital to build the hardware.
Re: Oxide raises $200M Series C
#66I'm confused and saddened on why Oxide has to keep raising money (in substitute for growth) and keep entrenching their business with VCs and letting them control business and ownership. > "So if we didn’t need to raise, why seek the capital? Well, we weren’t seeking it, really. But our investors, seeing the business take off, were eager to support it." From this of course the VCs will back and support Oxide (they are…
There’s nothing confusing about it. Hardware businesses require a lot of capital to build the hardware.
I don't see Hetzner getting into bed with VCs and raising $100M or $200M?
How long until Oxide needs $2BN, $4BN or $8BN from VCs, further getting owned by them?
Re: Oxide raises $200M Series C
#67Oxide is the only company where I check the careers page hoping that they have a position which I can apply to. Happy to see their success. Especially so if you've been following their journey through their podcasts (easily the best tech podcast out there if you care about your craft; no filler, all killer).
I actually did apply, The mere application takes hours upon hours, and for what a generic rejection email.
This isn't the worst though, I recently went through an interview with another startup company, and after six interviews and a take-home project I found myself getting the same generic rejection. The CEO went out of his way to tell me he didn't like my resume since I've had to hop around a little bit to stay employed.
Concerns that should have been handled in the initial call, somehow get pushed back till after I've wasted monumental amount of time.
Things are looking up though, I'm starting a job soon and the entire interview process was more or less a 30 minute phone call with the technical manager. That's it, two days later or so I had a verbal offer. I don't need to change the world, I need to pay my rent.
Re: Oxide raises $200M Series C
#68I am confused. How do you own a cloud you pay for as a service.
What led you to believe that this is a SaaS offering? It's not.
Re: Oxide raises $200M Series C
#69I'm confused and saddened on why Oxide has to keep raising money (in substitute for growth) and keep entrenching their business with VCs and letting them control business and ownership. > "So if we didn’t need to raise, why seek the capital? Well, we weren’t seeking it, really. But our investors, seeing the business take off, were eager to support it." From this of course the VCs will back and support Oxide (they are…
Valve is primarily a software company with zero marginal cost to a game sale.
Re: Oxide raises $200M Series C
#70[deleted]