Show HN: I Market-Make AWS Cloud Contracts to Save Companies $40M+ Hey HN: Kaveh here, the founder of https://www.usage.ai/ We help companies drive down AWS EC2 spend by buying and selling 3-year no-upfront reserved instances. Why? Because there's almost no liquidity on the AWS EC2 RI Marketplace and it can take a while, if at all, to sell an RI if you need to stop using one. Previous to founding Usage, I worked at JPMorgan Chase as a summer analyst. Here's how it works: We are typically brought in by a DevOps manager to cut AWS EC2 costs. The app is entirely self-service and the savings are generated automatically, typically we do this live on a call. On average, we reduce AWS EC2 spend by 50% for 5 minutes of work. To reduce by 50%+, we've built a pool of reserved instances that's shared across our pool of customers. When a customer scales up their EC2s, Usage buys RIs. When a customer scales down their EC2s, Usage sells RIs. At this point, we've saved companies tens of millions of dollars in spend and have a lot of liquidity, so we take on very little risk. We make money off of a 20% Savings Fee. Happy to chat directly kaveh@usage.ai Have you experienced any issues with managing your company or organization's AWS expenses? We'd love to hear your feedback and ideas! January 7, 2023 at 09:45AM
Women Pioneers at Muni: Adeline Svendsen and Muni’s First Newsletter By Jeremy Menzies To close out Women’s History Month, here’s a look back at one woman whose work to bring Muni staff together in the late 1940s created a legacy that lives on to this day. Adeline “Addy” Svendsen was founding editor of Muni’s first internal newsletter, “ Trolley Topics .” Adeline Svendsen sits at her desk in the Geneva Carhouse office building in this 1949 shot. Trolley Topics was a new venture when it started in February 1946. As Svendsen wrote in the first issue it was created, “to bring a little fun, a little news, and a lot of good will to all our fellow employees in the Railway.” Just two years prior in 1944, Muni merged with the Market Street Railway Company, expanding the small municipal operation into the largest transit provider in the city with hundreds of employees, vehicles of every shape and size, and dozens of facilities scattered across town. The newsletter was meant to help unite ...
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