Ask HN: Stock for cloud space, would you do it?
I was thinking what if cloud storage companies traded cloud space for stock. If you were a small team and you were looking for a stop gap for a viral app/website between >$500/mo storage bills and big enough to get funded. It would be a good way for a cloud company to win business/get lock in on potential great future customer. what do you think would you do it if they offered.
1 comments
I think this would be more work than it's worth. Legal overhead + the likelihood of the stock being worth anything for a low possibility of future revenue seems like a losing proposition.
They'd be better off focusing resources on their core competency and giving the cloud services away for free (up to a point). See the Microsoft BizSpark program for an example of this.
They'd be better off focusing resources on their core competency and giving the cloud services away for free (up to a point). See the Microsoft BizSpark program for an example of this.