How Netflix thinks about standardized platforms and tools, plus their adaptation of DevOps and SRE.
“Full cycle developers apply engineering discipline to all areas of the life cycle. They evaluate problems from a developer perspective and ask questions like “how can I automate what is needed to operate this system?” and “what self-service tool will enable my partners to answer their questions without needing me to be involved?” This helps our teams scale by favoring systems-focused rather than humans-focused thinking and automation over manual approaches.”
Original source: Full Cycle Developers at Netflix
How all these unprofitable companies sustaining high valuations:
bending reality today has three elements: a vision, fast growth, and financing.
A few firms other than Amazon have defied the odds. Over the past 20 years Las Vegas Sands, a casino firm, Royal Caribbean, a cruise-line company, and Micron Technology, a chip-maker, each lost $1bn or more for two consecutive years and went on to prosper. But the chances of success are slim. Of the current members of the Russell 1000 index, since 1997 only 37 have lost $1bn or more for at least two years in a row. Of these, 21 still lose money.
Source: SchumpeterFirms that burn up $1bn a year are sexy but statistically doomed