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I like the analogy with real estate. It has that intrinsic decay element that large systems also suffer from. It also incorporates the "death by 1000 cuts" experience of dealing with a nonstop slew of minor problems week-by-week. In this analogy, I think you could compare vendors like Amazon and Microsoft to Blackstone. Scale is what makes the game work for these players. Very few get wealthy by personally lording over a handful of concerns in a single metro.

Our model today is to rent out complexity & infra as much as possible. We don't want to own a single square foot of tech property if we can avoid it. We don't even have physical floor space in our corporate "office".

We aren't particularly interested in the construction style or the brand of the lighting fixtures. We just want some kind of generic, air-conditioned box w/ WiFi to exist inside of while we conduct our actual business. The shorter & more flexible the lease terms, the better. If we could, we'd like to pay per minute of occupancy and only while we are on the property. That would be most ideal.



Renting is fragile. The landlord decides how long you may stay. Ownership means being in control. I store things I like on my hard drives so I don't lose them when someone else decides it should no longer be available on the Internet .




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