Gerstner argues AWS, GCP and Azure enable software companies to scale faster and more capital efficiently than before.
“But the fact of the matter is because of AWS, GCP and Azure, software companies are scaling faster and in a more capital efficient way”
Gerstner argues AWS, GCP and Azure enable software companies to reach much higher IPO valuations than Salesforce did.
“Compare where the software companies that are in the pipeline or that have recently gone public, compare those valuations to where Salesforce went public.”
Gerstner argues AWS, GCP and Azure enable software companies to scale faster than previous generations like Salesforce.
“But the fact of the matter is because of AWS, GCP and Azure, software companies are scaling faster”
Gerstner notes hyperscalers added over $15 billion in ARR this quarter, the largest ever aggregated.
“In the quarter, if you aggregate the hyperscalers together, we added over $15,000,000,000 in ARR. That's annual recurring revenue, the single largest quarter in the history when you look at that aggregated number.”
Gerstner reports hyperscalers added over $15 billion ARR in the quarter, a record.
“In the quarter, if you aggregate the hyperscalers together, we added over $15,000,000,000 in ARR. That's annual recurring revenue, the single largest quarter in the history”
Gerstner notes cloud providers set record $15 billion net new ARR while reaccelerating from $100 billion run rate.
“Now mind you, these things are reaccelerating in the case of AWS from a $100,000,000,000 run rate, right? So like the, you know, you're reaccelerating.”
Gerstner says Anthropic and OpenAI revenue scaling is 10x faster than Google and Meta at comparable scale
“@patrick_oshag Yes! Size of TAM only explanation for Anthropic & OAI revenue scaling - we have never seen anything like it. 10x faster than Google & Meta at comparable scale. 🎯”