Each month, “Ammirati on Innovation” episodes will look at ways that the disruptive-startup mentality is spreading beyond young entrepreneurs to big established corporations. Serial entrepreneur, venture capitalist and Carnegie Mellon B-school professor Sean Ammirati, who sits at the intersection of these high-change dynamics, provides insight. Today, Sean and I discuss the valuation news around DigitalOcean: how does it stack up against red-hot Snowflake, what can it tell us about IaaS and Wall Street, plus more.
Episode 23
The Big Themes:
- We’re getting back to normal – which is awesome: But the markets are crazy and the blank check companies – or SPAC as they’re often called – are red hot.
- Private schools are expensive: Do you want to get that Gulfstream or not?
- These magical moments: A lot of these companies want to delight their customers. They absolutely do make these companies more efficient.
- There’s a bigger mountain over there: We’re looking over there and saying it’s a ton of fun right now.
The Big Quote: “I think they will both be fabulously successful – great companies that are here to stay.”
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Cloud Wars Live Digital All-Stars
Sean Ammirati is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2021. Our intention is to provide regular chunks of timely ideas and insights about high-priority subjects from industry veterans with diverse backgrounds.
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