article thumbnail

What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of social networks? And so it goes with social networking.

article thumbnail

How Not To Run Your Own Technology Startup

YoungUpstarts

The world has changed a lot lately and just about every aspect of a technology company – and especially a web-based company – can be “moved out” to a web-based application provider at a lower cost than doing it yourself. Amazon EC2 – Computing, server management, hosting. Your mileage may vary. Backend Support.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FinTech Innovation Lab Launch Event – June 2, 2011

David Teten

The trick is delivering business insights over this channel: use social networks to support relationship management. I think android / 4g networks will take over tablets. BROWN: Cost of managing a data store is negligible. BROWN: Impersonation on social networks is a big problem. Corporates don’t.

article thumbnail

Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

So I still had to outlay $50-80k for hardware costs. It performed incredibly well and allowed us to grow our costs incrementally as our business grew as well as to massively reduce our overall storage costs – it’s a shared infrastructure in they way that electricity or water is. Processing. Other Layers.

Cloud 343
article thumbnail

How 99Designs.com came to be

Sophia Perl of Wisdom

A notable site is FaceSmash which sold for $30k the week the movie Social Network came out. Even Perez Hilton blogged about Flippa because of its relationship to FaceSmash and Social Network. Tips from Matt Mickiewicz: To keep costs low try swapping services for other services. Some vendors go bankrupt.

EC2 53
article thumbnail

Web Framework Performance - Startup Founders Need to See These Numbers

SoCal CTO

I was also surprised by the performance improvement on dedicated hardware as compared to EC2 instances of roughly 10x. I'm feeling okay about our choices of frameworks that are slower and will cost more in terms of hosting and managing growth. Several of these are B2B applications with relatively smaller audiences.

Framework 175
article thumbnail

Pinterest – a case study in capital efficiency

The Equity Kicker

Pinterest now supports 18m users with growth running at 50% per month with the following: Amazon costs are around $39k for S3 and $30k for EC2 (I assume per month). Traffic costs them $52 an hour during peak times, down to $15 during the night. They have 275 EC2 instances. They have 31 employees, up from 12 in December.

EC2 138