Steve Yaggy: Jeff Bezos and Andy Jassy came up with the idea of making Amazon's IT infrastructure available to third parties. This is a multi year journey for IT at Amazon too, he says. It wasn't like Bezos just sent the email that Steve Yaggy described and everything happened overnight. But it has been this huge transformative project within Amazon over the last 18 months. And they come together to see if there's an opportunity to take the API based IT infrastructure that we're developing for into commercial use.
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. :)
If you want more Acquired, you can follow our newly public LP Show feed here in the podcast player of your choice (including Spotify!).
Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe
Links:
Carve Outs:
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.