2000s
Garman's first startup raised $27 million, ran out of money in about eighteen months, and shut down when funding dried up in the early 2000s.
“It was 27 million. We ran out of money in, like, eighteen months, and then, you know, the 2000s came around and there wasn't any more funding, and boom, we're out of business.”
Matt Garman · Cloud Strategy in the AI Era with Matt Garman, CEO of AWS, 0:32:55
2005
Matt Garman did a business school internship at Amazon in 2005 and joined Andy Jassy's new technology business there, which was AWS before launch.
“I did my business school internship at Amazon, and, uh, as we were looking around for projects, uh, I had talked actually at the time to Andy Jassy”
Matt Garman · Cloud Strategy in the AI Era with Matt Garman, CEO of AWS, 0:00:52
2024
Matt Garman said Amazon Web Services had grown into a $110 billion business growing at 19%.
“I think over eighteen years, we've grown to be 110 billion dollar business, growing at 19%.”
Matt Garman · Why CEO Matt Garman is willing to bet AWS on AI, 0:10:33
Undated
Matt Garman returned to Amazon full time as effectively the first product manager for AWS and says he has been there eighteen years.
“I came back full time, uh, effectively as the first product manager for AWS, and I'm now on year eighteen”
Matt Garman · Cloud Strategy in the AI Era with Matt Garman, CEO of AWS, 0:01:16
Undated
About a year into working on AWS, Garman told a friend he thought it could become a billion-dollar business.
“Oh, how's that AWS thing going? And I was like, You know what? I think this thing could be a billion dollar business.”
Matt Garman · Cloud Strategy in the AI Era with Matt Garman, CEO of AWS, 0:10:28
Undated
Matt Garman said AWS organizes product work into teams of ten to twenty people, each owning a fully separable subcomponent of a service.
“how do we have teams of of ten to twenty people that are are focused on a subcomponent of that that that is is fully separable.”
Matt Garman · Why CEO Matt Garman is willing to bet AWS on AI, 0:30:52
Undated
Matt Garman said that under Amazon's one-way door framework, big investments and hard-to-reverse service launches get more executive inspection than reversible decisions.
“I'm gonna go invest $1 billion or or some decision, or I'm gonna launch a new service that is hard to kind of pull back or is painful to pull back.”
Matt Garman · Why CEO Matt Garman is willing to bet AWS on AI, 0:35:38
Undated
Cannon-Brookes says AWS's Matt Garman told him at an event that AWS would also have more developers in five years.
“I sat on a, uh, I I spoke with with Matt Garmin at AWS at an event, and he said exactly the same thing.”
Mike Cannon-Brookes · What a $42B Software Co. Really Spends on AI Tools, 0:48:23