Jordan: Boycotting Twitter Due to State of the Platform
Nick Jordan · He Stores 10 Petabytes and Still Halved His Cloud Bill · Mar 14, 2023 · at 37:03
Nick Jordan, founder and CEO of Narrative.io, explains his personal absence from social media during the podcast outro.
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“I used to be on Twitter. I'm currently boy, boycotting it because of the state of Twitter”
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Jordan: Great Tech Products Fail Without Synchronized Sales and Marketing
“Making a company successful requires sort of all the different teams, all of the different functional areas within the company to be successful, to do well, and to work with each other. Having come from a product management background, I thought product manage…”
Jordan: Shutting down early benefits stakeholders over dragging out a failure
“You know, I do think you have to find a way to cut and run and, you know, it actually probably benefits You know, the investors and the employees and a bunch of people, you know, to do that early instead of dragging it out too long anyway.”
Jordan: Narrative Halved $95K Monthly AWS Bill While Doubling Revenue
“We got 95 grand one month, I think is probably the peak of our AWS bill. The good news is, I think we have, the AWS bill has gone down every month for the last six months. Last month being December of twenty-twenty-two, we were under 50,000 dollars. So, you kn…”
Jordan: Narrative plans to double 2023 revenue with roughly flat AWS costs
“We think we can continue to grow revenue this year, 20, 23, you know, the plan has us growing by almost doubling revenue. And we think AWS costs year over year are going to be roughly flat.”
Jordan: Narrative stores between 5 and 10 petabytes of data on its platform
“I mean, we're storing, you know, somewhere between five and 10 petabytes of data on the platform. Much of that data is processed, not just, you know, once, but many times on behalf of our customers.”
Jordan: Narrative.io has received multiple inbound acquisition inquiries
“There have been a couple of times that there has been inbound interest from companies around acquisition. I had investors, I had board members ask, you know, if the company were to be acquired, you know, would you want to stay on board? Actually, we had to, yo…”