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The issue is that AWS has double exposure. Startups and B2B company's selling to startups (e.g. datadog).

However, AWS will be fine. Their growth rate is what 30% YoY. I highly doubt the reduction in spend to comprise 30%+ of their revenue base.

AWS Growth rate over time. Note while growth rate declines, the amount of revenue added each quarter increased. (Percentages are easier to grow when you have a small base) https://www.statista.com/statistics/422273/yoy-quarterly-gro...



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