Our thesis is that the consolidation towards hyperscalers has driven down the price of Network and Carrier-Neutral Exchange facilities. Many of the technology businesses that used to operate in these facilities have since transitioned towards the convenience of hyperscalers, and the talent and skill set to manage these facilities are becoming more difficult to recruit. Furthermore, as server compute density has dramatically increased over the past 5 years, the consolidation of rack space in these facilities due to technological improvements has also freed up additional space.
because many people keep their ideas close to their
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First round: March 19-20