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> the majority of their revenue is coming from a few big customers

A very significant percentage of their revenue comes from Netlix, Heroku, and several others that run their entire infrastructure on AWS.



Netflix does not run their entire infrastructure on AWS. Final delivery of content still comes from OpenConnect (their own CDN). IOW, they migrated all of their non-CDN functions to AWS, but content delivery is still handled by OpenConnect appliances installed at key peering points within ISP networks.


Won't all there enterprise clients negotiate bulk rates anyways ?

AWS can't do too much to clients with the capital to build their own data systems




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