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jerrychen's profile
Jerry Chen 🇺🇸
Jerry Chen 🇺🇸
Jerry Chen  🇺🇸
@jerrychen

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Jerry Chen  🇺🇸

@jerrychen

Restless. Irreverent. Partner @GreylockVC.

San Francisco, CA
jerrychen.com
Joined March 2008

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    Jerry Chen  🇺🇸‏ @jerrychen 22 Mar 2019

    Reading all the IPO S-1s....pic.twitter.com/sPEFxeZVJb

    5:16 PM - 22 Mar 2019
    • 77 Retweets
    • 417 Likes
    • Kevin D. Keck Chris Swan Eddie ScottOstby/ bani is hiring Tim Burke Pierce (📈,📉) Giottus Cryptocurrency Exchange Valter Roldao
    18 replies 77 retweets 417 likes
      1. New conversation
      2. Bombay Boy‏ @abombayboy 22 Mar 2019
        Replying to @jerrychen

        I remember an AWS sales person who had come to a company I was working at. He kept saying "pennies". "And you can fire up an instance for just pennies" "And you can add some additional storage for pennies...literally pennies" Those pennies add up yo

        1 reply 1 retweet 10 likes
      3. Richard H. Boyd‏ @rchrdbyd 23 Mar 2019
        Replying to @abombayboy @jerrychen

        Yeah. Tech can be expensive if you’re bad at math

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. Michael Mullany‏ @mmullany 22 Mar 2019
        Replying to @jerrychen

        The Pinterest COGS was ... whoa

        0 replies 0 retweets 6 likes
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      1. Mengxi Lu‏ @mengxilu 22 Mar 2019
        Replying to @jerrychen

        Wait for another 3-5 years and see how much new IPO companies spend on Stripe fees...

        0 replies 1 retweet 3 likes
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      1. New conversation
      2. Matt Page‏ @void_star 22 Mar 2019
        Replying to @jerrychen

        Would be interesting to see estimated equivalent DC costs

        1 reply 0 retweets 6 likes
      3. David K. Shepherd  💉 💉 💉‏ @sheffus 23 Mar 2019
        Replying to @void_star @jerrychen

        And the time required to build out said DCs with equivalent uptime, scalability and global coverage.

        0 replies 0 retweets 3 likes
      4. End of conversation
      1. New conversation
      2. Hazem A. M. Awad,PhD‏ @hazem_awad 23 Mar 2019
        Replying to @jerrychen

        It's still far cheaper than building their own data centres. There was a detailed thread on twitter (can't find it now) that explained this with numbers. But ya cloud ain't cheap on its own

        2 replies 0 retweets 2 likes
      3. Andy‏ @andy9775 23 Mar 2019
        Replying to @hazem_awad @jerrychen

        Andy Retweeted Corey Quinn

        https://twitter.com/quinnypig/status/1101567657541656576?s=21 …

        Andy added,

        Corey Quinn @QuinnyPig
        I talk sometimes about the AWS bill being an expensive problem. Invariably I hear people talking about their $15K bill shock. While unpleasant, that's not what I'm talking about. (1/7)
        Show this thread
        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Marty Heyman‏ @MartyH 23 Mar 2019
        Replying to @jerrychen

        Cloud replaces the inexpensive and cost-stable part of the IT budget. The people who write, maintain, and administer the stuff in the cloud are still the real expense.

        0 replies 0 retweets 1 like
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      1. Hans Olav‏ @HansOlavS 23 Mar 2019
        Replying to @jerrychen

        Yeah, we get it! You don't understand the first thing about cloud and it's insanely cheap serverless offerings that you can run your geo-redundant services on for only coffee money. This was *maybe* relevant in 2010...

        0 replies 0 retweets 4 likes
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