I guess my question is, how do they make money? I really like instagram images. I've used the site myself, but it certainly isn't something I'd feel the need to pay money for.
dumb question: is there a way to pay Amazon for AWS fees except for credit card? 'cause i was wondering how can you create big infrastructures on Amazon if you cant pay by wire transfer or some other kind of link to a bank account (like phone and gas bills)
It won't be difficult to make money if they don't try to be clever. They can display ad just like Twitpic on the their website. They can have storage limit.
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I guess my question is, how do they make money? I really like instagram images. I've used the site myself, but it certainly isn't something I'd feel the need to pay money for.
Funding Total: $7.5M (per techcrunch)
Server bill: $35k/month, $420k/year, per estimates in other comments.
Personnel, overhead, other expenses: $1.5M/year (guess).
Runway: 3.9 years to figure it out.
dumb question: is there a way to pay Amazon for AWS fees except for credit card? 'cause i was wondering how can you create big infrastructures on Amazon if you cant pay by wire transfer or some other kind of link to a bank account (like phone and gas bills)
American Express has no limit as long as you pay it back ASAP.
Generally yes, but a country's central bank may prohibit that. Singapore's for example does that.
i dont know if i'll have/use without fears a credit card with no limits... :)
It won't be difficult to make money if they don't try to be clever. They can display ad just like Twitpic on the their website. They can have storage limit.