Google Cloud SVP and VMware co-founder Diane Greene explains the barrier to entry created by massive capital expenditure requirements in cloud infrastructure.
“Everything's going to be in just a few, maybe four clouds or so, you know, there's not going to be that many of them, because like, we spend about ten billion a year in infrastructure, and so it's not going to Get disrupted by a startup, unless they invent quantum computing or something”
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More from Diane Greene
What-if
Greene: VMware cofounders would have thanked her for not selling to EMC
“My co-founders wanted to sell, and I thought it would be selfish not to, although they would have thanked me had I not”
Diane GreeneAug 4, 2017▶ 8:47VMware Cofounder Diane Greene with Jessica Livingston at the Female Founders Conference · Y Combinator
Insight
Greene: Having three female board members makes a huge difference over two
“And so I'm the third woman to join that board, which is, it makes a huge difference to have three instead of two.”
Diane GreeneAug 4, 2017▶ 11:07VMware Cofounder Diane Greene with Jessica Livingston at the Female Founders Conference · Y Combinator
Disclosure
Greene: Google spends about $10 billion annually on infrastructure
“We spend about ten billion a year in infrastructure”
Diane GreeneAug 4, 2017▶ 18:05VMware Cofounder Diane Greene with Jessica Livingston at the Female Founders Conference · Y Combinator
Disclosure
Greene used written memos instead of slide decks for VMware board meetings
“My board meetings, I never wrote slides, I just wrote a document, and it had a few metrics about how we were doing, if, you know, we were doing well, but the whole rest of it was things I was worried about or trying to figure out.”
Diane GreeneAug 4, 2017▶ 20:57VMware Cofounder Diane Greene with Jessica Livingston at the Female Founders Conference · Y Combinator
AssertionNot checkable as stated
Greene: VMware easily attracted engineers, but struggled to hire business talent
“It wasn't that hard to get engineers, because we were such deep technology, they understood what we did, but getting business side people was pretty much impossible.”
Diane GreeneAug 4, 2017▶ 2:21VMware Cofounder Diane Greene with Jessica Livingston at the Female Founders Conference · Y Combinator
Insight
Diane Greene: Founders should target wealthy investors with deep domain expertise
“And this is sort of advice I've always given people is, you want to find investors that really deeply understand what you're doing. And so, and you want to get rich people that deeply understand what you're doing.”
Diane GreeneAug 4, 2017▶ 5:29VMware Cofounder Diane Greene with Jessica Livingston at the Female Founders Conference · Y Combinator
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