Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

This is how you get market capa that are 40x annual revenue. It is the potential of extraction.

Nothing new: Oracle has paved the way with Java and databases. Exploit the potential until the last customer leaves. Which makes a corollary: Most of the revenue of a company happens when customers are massively leaving.



Also nothing new: Online banks. "Hey, put your money in us and get this great interest rate!" Couple years later: "Oh, now you get .005%. Enjoy."


Although banks have to be careful since transferring $100k to another bank is significantly faster and easier than transferring 100TB to another cloud storage service.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: