@chamath You raise good points. Most SaaS companies were not profitable with 80% gross margins. What's going to happen when margins are 20 pts lower? I think this point was missed in the whole saaspocolipse narrative. https://t.co/lnhZ348MZz
In 2006, every section of Craigslist was a $1b marketplace startup waiting to happen.
In 2026, every section of PWC's website is a $10b AI startup waiting to happen.
@garrytan I've started 4 venture backed startups in Canada. Always a mix of US and CAN investors. Never had an issue with access to capital. There are many factors that might make or break your startup. Whether or not you're Incorporated in Delaware isn't one of them.
If you're looking to make a serious dent in your cloud bill, you need to think beyond AWS savings plans and workload utilization. Sharing some thoughts on how to approach this in a post AI world. https://t.co/WL5oYqgcbj
Safe prediction #1 for 2026 - these percentages will grow further driven by increased AI spending. Prediction #2 - we will see more companies reporting AI costs that exceed their traditional cloud costs. This is already a fact for Frugal and other post GPT startups.
This report from CIO confirms our findings - average cloud spend is ~10% of revenues. A third of companies spend between 5% and 8% of annual revenues on cloud services, another 29% spend over 13%.
https://t.co/g1a37SvSU1
@harleyf@build_canada I missed original post but awesome to see our tech leaders getting involved to help build Canada. We also need similar reviews of research funding in fields like medicine where almost no $s are allocated to commercialization.
I'm excited to announce Frugal’s $5M seed round, led by @Whitecapvp with help from @mistralvp and founders of Snyk and Cloudcheckr.
We're helping developers optimize the efficiency of their code and combat cloud/ai costs here: https://t.co/BxKjWXAP0W
@jmwind Wouldn’t build any new functionality until they fix their broken core. A back end that can handle a Taylor surge. A front end that isn’t painful for users and wards off bots.
Thrilled to announce we've raised $15M to continue our mission of protecting businesses by backing up their cloud data. Here's a quick thread on how I’ve helped build Canada’s latest “overnight success” over the past 10 years…
https://t.co/3OBYvQ90tM