DigitalOcean Holdings Inc at Barclays Global Technology, Media and Telecommunications Conference Transcript

Dec 07, 2022 / 09:55PM GMT
Raimo Lenschow - Barclays Bank PLC, Research Division - MD & Analyst

Hey. It's great to have you here. Good to see you in person again.

Questions and Answers:

Raimo Lenschow - Barclays Bank PLC, Research Division - MD & Analyst

Let's try to get the macro questions out first because there are a lot of other stuff to discuss actually. But, like, on the macro side, like the -- if you think the big hyperscalers talk about, like, lower cloud migration in terms of new workloads coming over. They talked about, like, what people have overbought. And now we have, like, a bit of a consolidation period. For you, that should be slightly different? Or what do you see in terms of theirâ¦

Yancey L. Spruill - DigitalOcean Holdings, Inc. - CEO & Director

We absolutely never have customers say they overbought. That's part of our value of simplicity. People pay for what they get. Our slimmed down product set is relevant features and functionality, so we don't see people overpaying. We have a very cost-conscious
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