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Clouded Judgement 9.27.24 - The Foundation of Foundation Models

Clouded Judgement

Subscribe now Foundation Models Are to AI what S3 was to the Public Cloud Many people look at 2006 as the birth of the public cloud - the year Amazon launched AWS. Microsoft launched Azure in 2010, and Google launched GCP to the public in 2011 (they launched a preview of Google App Engine in 2008, but made it publicly available in 2011).

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Clouded Judgement 8.2.24 - Uncertainty Everywhere

Clouded Judgement

Wayfair CEO compared the drop in spend to home goods to the 2008 financial crisis: “Customers remain cautious in their spending on the home and our credit card data suggests that the category was down by nearly 25% from the peak we saw in the fourth quarter of 2021. Consumers appear to be slowing down.

Cloud 154
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10 Observations from Dropbox's S1

The Angel VC

When Salesforce had around $1B in revenue, in 2008, it had around 3,300 employees, so at that time its revenue per employee was around $327,000. 8 – Weaning off AWS Look at this. For what it’s worth, this also gives you a hint on the margins of AWS. #9 If you know or have an idea what I’m missing here, I’d love to hear it! #8

AWS 187
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Key Lessons from a $5B SaaS Category Leader (Video + Transcript)

SaaStr

And those of us and those of you who are involved in these companies, even the successful ones look an awful lot more like this. And so we funded it in 2006 that full product didn’t come out until 2008. And they invented a lot of the SaaS metrics that we all know and love now, were invented by Marketo back in 2008.

SaaS 155
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More Focus on SaaS Gross Margins in 2020

OPEXEngine

The main drivers of the cost reductions are: Hosting expense, the primary component of COR, has become more competitive, with extensive use of AWS and other hosting and network services. In the following chart for SaaS companies in 2008, you can see average COR as a percentage of Revenue at 40.4%, and average Gross Margins at 59.6%.

Scale 40
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David Barrett, CEO of Expensify: Good Intentions, Bad Advice: How to Keep Your Board Aligned with Your Vision (Video + Transcript)

SaaStr

It’s a brutal, awful slog in the start. I would say, it’s always good to call out just how awful it is to be a founder, to be an entrepreneur, because that is a unique perspective that you bring to the board room that no one else shares. That sounds like an awful idea,” and then you have to work for it.

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How to Retain Employees For 10+ Years with Alf Ruppert

FastSpring

Like the iPhone is 2008. But I mean, if you go back to 2006 2007 2008 like that, yeah, that was just not a thing that people did. So the iPhone as we know it today was not even the iPhone of 2008 and the iPhone of 2008 was revolutionary. So take me back, like how did how did this project start? Like the way that we do it.