DigitalOcean Announces Pricing of Initial Public Offering(businesswire.com)
businesswire.com
DigitalOcean Announces Pricing of Initial Public Offering
https://www.businesswire.com/news/home/20210323006090/en/DigitalOcean-Announces-Pricing-of-Initial-Public-Offering
2 comments
>I really hope that there isn't external pressure to go down that route now that they're going public.
They are not. As they have repeatedly stated. ( Even on HN ) They are chasing the market that is being neglected by all HyperScalers. Which is the small medium market. Simple Pricing, Simple Terms. And some managed services to quickly get product off the ground. ( Which is one reason I make the case why Amazon should have bought Heroku )
They are leading the pack as far as I am aware. Managed DB, CDN, Storage etc ( Although I do think it is getting a little complicated / messy as shown on their website ).Linode, UpCloud and Vultr are catching up.
Not entirely sure about the TAM and profit margin though. I haven't look too closely on that.
They are not. As they have repeatedly stated. ( Even on HN ) They are chasing the market that is being neglected by all HyperScalers. Which is the small medium market. Simple Pricing, Simple Terms. And some managed services to quickly get product off the ground. ( Which is one reason I make the case why Amazon should have bought Heroku )
They are leading the pack as far as I am aware. Managed DB, CDN, Storage etc ( Although I do think it is getting a little complicated / messy as shown on their website ).Linode, UpCloud and Vultr are catching up.
Not entirely sure about the TAM and profit margin though. I haven't look too closely on that.
Great! DigitalOcean is my preferred place to host websites. The quality of the service they provide is fantastic and the prices are also very low.
How long will that good quality last now that their number one priority will be profit for share holders? EIG has shown what happens when greed takes over hosting companies, service goes down the drain.
If they try to compete with the big-3 (AWS, Azure, GCP), then they're going to fail. I really hope that there isn't external pressure to go down that route now that they're going public.
There's a very nice market right behind all that where setting up a service in early stages is really annoying. Right before it starts to be worth it to delve heavily into configurations that then become easy to manage once you've got all your scripts and workflows setup. Before, that it can be a major PITA to waste an hour because there was a trailing slash in your input field when there wasn't supposed to be one. Small details that focus on good documentation, code examples and a nice UI is easily worth an extra couple of bucks which can quickly become a couple thousand once someone gets hooked.