how cloud computing impacts the cash requirements of startups

I wrote an article for gigaom on how cloud computing impacts the cash requirements of startups. Do check it out! I think cloud computing is the single biggest factor driving down the amount of cash needed to start a startup. And it’s not so much because it makes computing cheaper, but because you only pay for computing when you need it, after you use it. Anyway, read the whole thing here.

Speaking about cloud computing at TIECon today

I’m on a panel today at TIECon in Santa Clara called Is Cloud Computing the Right Approach For Your Business. The other panalists are Don MacAskill from photo-sharing site smugmug, James Lindenbaum from web-based ruby IDE Heroku, Kirill Sheynkman from cloud computing services provider elastra, and Sebastian Stadil from Intalio and the well-named silicon valley AWS users groups (AWEsome).
Here’s the description:
Our session theme for the Cloud Computing Luncheon is “Is Cloud Computing the right approach for scaling your business?”. Whether you’re launching a consumer internet startup or building an enterprise software-as-a-service application, making sure your application performs great and scales to the exponential growth that your business will see after launch is absolutely critical. No one wants TechCrunch to call them out for outages or a big customer to cancel an order because of slow performance. In addition, building the IT expertise and infrastructure to scale your application can be costly and complex. Enter the Internet giants – Amazon and Google today and potentially Microsoft and others in the future. Their business is all about large-scale infrastructure. Should you trust the lifeblood of your company to them or should you do-it-yourself in a traditional hosted or managed fashion? In this exclusive session, startup CTOs will present case studies on their experiences with cloud-based approaches versus traditional hosting. We’ll follow that up with interactive round-table discussions on various cloud offerings (storage, computing, database, etc.).