Of course we started spending all the money on new people and AWS, and soon there was no money.
At one point we were dumping like $15K a month on AWS for a dozen unnecessary over-engineered toys that nobody was using. This is the real cost of AWS.
I'd love to see Amazon's data on money invested vs actual user traffic for small startups, that's got to be some of the most interesting and valuable data on earth. Forget companies, I'll bet Jeff is sitting around predicting when entire industries rise and fall weeks before anyone else based just on this data.
Would there be any "conflict of interest" issues is some of the same people requiring AWS spending were also Amazon shareholders?
If you think anyone cares about any conflict of interest among the investing class you're beyond naive, you're just delusional.