[psds2]

The space has a moat though - it takes a huge investment and long time to become competitive in this low margin space. Rackspace has shown themselves to be a market leader within this moat.

[discodave]

Their capex looks to be ~$2-300MM. That's approximately 1% of what AWS spends.

https://www.platformonomics.com/2020/02/follow-the-capex-clo...

[jgalt212]

True, containers are all the rage, but it is quite arduous to move a database from one cloud provider to another.