This was unbelievably world-changing, truly world-changing. Could you imagine back in 2006, let alone even probably today, Oracle or Microsoft or IBM or HP or you name it? They all have six, seven, and eight figure contracts. There's no way that they're going to invest in. Hey, let's let people play with a credit card and service this tiny little market. And we'll charge you $3.08. This is how Dropbox, Instagram, Airbnb, Uber, Zinga, all of these companies get started.
So, how DID an online book retailer end up building the infrastructure layer that powers the entire internet? (Or at least 39% of it, per latest market share data.) While many myths, legends, and some downright falsehoods exist, the real answer to that question deserves a full Acquired episode of its very own. So here it is: the story of Amazon Web Services. Who’s got the truth? Tune in and find out. :)
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.