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DOCN - DigitalOcean


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I hate all of this overvalued IPOs by myself, but this company is one of my favorite in cloud-computing, I was using it even before it reached 1kk droplets.

 

I was so exited to receive today email from CEO, what they sent to all customers regarding this IPO.

 

I personally use it for most of my test projects, nevertheless I see AWS much better suited to production. As far as cloud-computing is just in the beginning, I believe this is not a zero sum game and I see DOCN as 2nd place behind of AWS in terms of functionality and usability, IMHO.

 

Any other ideas about this company? The company recorded a net loss of $43.6 million on revenue of $318.4 million in 2020, after a loss of $40.4 million on revenue of $254.8 million in 2019.

 

What you think is fair market cap? Based on other company what I like - UPWK(never owned it), it seems to have quite similar numbers with market cap 5 billions, even if it operates in different segment.

 

P.S. Don't judge me to hard, this is my first post. :)

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DigitalOcean is favorite by nerds, but saying that it's in the 2nd place after AWS is quite presumptuous.  8) Azure and GCP want to talk to you. If you have $B$$$ that is.  8)

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DigitalOcean is favorite by nerds, but saying that it's in the 2nd place after AWS is quite presumptuous.  8) Azure and GCP want to talk to you. If you have $B$$$ that is.  8)

 

I'm using Azure and it is horrible, I'm using it only because of free credits. Maybe I'm too much dum-dum, but I never were able to wrap my head around how to use GCP and I do not know anybody who use it.

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DigitalOcean is favorite by nerds, but saying that it's in the 2nd place after AWS is quite presumptuous.  8) Azure and GCP want to talk to you. If you have $B$$$ that is.  8)

 

I'm using Azure and it is horrible, I'm using it only because of free credits. Maybe I'm too much dum-dum, but I never were able to wrap my head around how to use GCP and I do not know anybody who use it.

 

I've used AWS 10+ years ago, GCP maybe 3-4 years ago, Azure now. I don't see much difference or any issues. There are always magic commands all over the place. You just learn them and you're fine. ./shrug.

 

It depends on what you run too. For someone who just launches couple VMs and then works inside VM, there's not much to know about Azure/AWS/GCP/etc. For someone who needs to run cloud-specific workloads with a lot of cloud-specific tools/scripts/magic, yeah, you need to know the specifics quite a lot.  8)

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Like 5 years ago Azure was not supporting ICMP protocol. So if I needed to ping any of my VM this was not possible. If you have some knowledge in IT, you will understand how big this is. I can add more and more issues, what  I have currently with them, but there are too technical, to share here. Maybe somebody is ok with Azure, but I personally would never used it if I needed to pay for it.

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DigitalOcean is favorite by nerds, but saying that it's in the 2nd place after AWS is quite presumptuous.  8) Azure and GCP want to talk to you. If you have $B$$$ that is.  8)

 

I'm using Azure and it is horrible, I'm using it only because of free credits. Maybe I'm too much dum-dum, but I never were able to wrap my head around how to use GCP and I do not know anybody who use it.

 

I've used AWS 10+ years ago, GCP maybe 3-4 years ago, Azure now. I don't see much difference or any issues. There are always magic commands all over the place. You just learn them and you're fine. ./shrug.

 

It depends on what you run too. For someone who just launches couple VMs and then works inside VM, there's not much to know about Azure/AWS/GCP/etc. For someone who needs to run cloud-specific workloads with a lot of cloud-specific tools/scripts/magic, yeah, you need to know the specifics quite a lot.  8)

 

FWIW, we dumped DigitalOcean for Kamatera because for our user case it is sufficient to be hosting our services on VMs and most other cloud providers (AWS/Azure/DigitalOcean) are too expensive for our user case. Then there is serverless compute on demand that we need for our service. For that we use google cloud functions (FaaS) launched from the VMs.

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