Idle observation: Amazon’s ad business is probably producing comparable absolute profits to AWS. Over $10bn of revenue last year, compared to AWS operating income of $9bn, and what was the incremental cost base?
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(I'm old enough to remember when lots of people said AWS was a money pit and Bezos should shut it down and give the cash to shareholders instead. Yes, really)
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Back when AWS first launched, one of the speakers who came to YC said he thought it was a stupid idea. He asked how many of the founders used it. About 80% of them raised their hands. He changed his mind on the spot.
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Honestly, good for that guy to change his existing bias quickly b/c of new facts.
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It's hard to survive in SV without that ability.
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If the startups in a YC batch use some product, that has historically been a near perfect predictor that it will succeed. They're good judges of technology, and highly motivated to pick things that will work.
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Great predictor! So, what other less known products are you seeing recent YC startups use?
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Would have been awesome to be in that room.
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