back to article Coraid's Coile resurrects storage biz, swears off VCs' filthy Valley lucre

Here's a resurrected startup that isn't a startup anymore and wants nothing to do with VCs, ever – Coraid. At a briefing on a Silicon Valley IT press tour in June, Coraid founder Brantley Coile explained the why and how of this, and talked about how he wants Coraid to develop. Back in May, 2015 we learned SouthSuite had …

  1. Flakk

    How about the public cloud? Coile goes against conventional wisdom, as he thinks using Amazon is a non-starter for his small/medium biz customers because it's a variable cost. Small businesses need fixed costs so they can control their spending.

    Interesting. I've heard precisely the same thing said of moving workloads to the cloud: OPEX reduces risk by making costs more predictable.

    This somewhat supports my theory that the whole CAPEX/OPEX debate is primarily an expression of the personal preferences of CFOs.

  2. John Smith 19 Gold badge
    Joke

    "developing a stable and reliable business funded on profits from sales "

    Goddammit the man is practically a terrorist!!

    Doesn't he realize the only way to a Face Book sized IPO is to get a yuuuuge bag of cash off VC's, giving yourself a much needed payrise in the process, and then, er, do stuff?

    He does?

    Goddammit the man is practically a terrorist!!

    Hell bent on undermining the principles of what makes (modern) America great (again).

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon