Y Combinator co-founder, Paul Graham, defines a startup as “a company designed to grow fast.” The definition highlights one of the hardest problems internet startups traditionally faced at the outset: weighing infrastructure capacity and cost.
No ad to show here.
Amazon changed things up when it launched Amazon Web Services (AWS) in 2006. It used economies of scale to offer services — many of them developed for internal use and opened up to the public later — to take the guess-work out of upfront infrastructure investments.
Read more on Ventureburn.