> If that customer switches their $1M/year budget to Snowflake, then about $400k7 goes back to AWS, making AWS about $200k in gross profits.
> That seems kind of bad for AWS? I don't know, we ignored a bunch of stuff here.
> …
> I'm not so sure? I spent six years as a CTO and moving from one cloud to another isn't something I even remotely considered. My company, like most, spent far more money on engineer salaries than the cloud itself. Putting precious eng time on a cloud migration isn't worth it unless cloud spend starts to become a significant fraction of your gross margins. Which is true for some companies! But those are in a minority.
I like this style -- conversational, well-cited, like an industry insider giving you an off-the-cuff read on their discipline at a party -- and I'm glad we're seeing more of it. Do I misattribute it to Money Stuff? Was someone doing it before?
(Some of my formative reading experiences were with Art Buchwald and Erma Bombeck and I think I see a hint of that too.)