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And those benefits have been dramatic for years, as evidenced by the customers' adoption of AWS and the fact that we're still growing at the rate we are given the size business that we are. The margins of our business are going to … fluctuate up and down quarter to quarter. It will depend on what capital projects we've spent on that quarter. Obviously, energy prices are high at the moment, and so there are some quarters that are puts, other quarters there are takes. That kind of analysis would not be feasible, you wouldn't even be able to do that for most companies, on their own premises.
However while he was a pupil there, the school moved out to new purpose-built premises in the countryside near Godalming in Surrey. He played the piano and violin, was an ambidextrous artist, and enjoyed acting. Holidays were spent on yachting or canoeing expeditions with his brothers. Baden-Powell's first introduction to Scouting skills was through stalking and cooking game while avoiding teachers in the nearby woods, which were strictly out-of-bounds. In general, when we look across our worldwide customer base, we see time after time that the most innovation and the most efficient cost structure happens when customers choose one provider, when they're running predominantly on AWS. A lot of benefits of scale for our customers, including the expertise that they develop on learning one stack and really getting expert, rather than dividing up their expertise and having to go back to basics on the next parallel stack.
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Lawyers are trying to take different frameworks from one topic and apply them to another, and then convince you that that is or is not appropriate. Being a judge is very different because you're evaluating what the parties present to you as the applicable legal frameworks, and deciding how new, groundbreaking technology fits into legal frameworks that were written 10 or 15 years ago. His knowledge isn’t the product of spending time on crypto Twitter. Rather, before taking the judge position Faruqui was one of a group of prosecutors in the U.S.
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The small one-room house, which he named Paxtu, was located on the grounds of the Outspan Hotel, owned by Eric Sherbrooke Walker, Baden-Powell's first private secretary and one of the first Scout inspectors. Walker also owned the Treetops Hotel, approximately 10 miles out in the Aberdare Mountains, often visited by Baden-Powell and people of the Happy Valley set. The Paxtu cottage is integrated into the Outspan Hotel buildings and serves as a small Scouting museum. Baden-Powell's father often sketched caricatures of those present at meetings, while his maternal grandmother was also artistic.
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Sophisticated financial advice and routine oversight, typically reserved for traditional investors, will allow individuals, including marginalized and low-income people, to maximize the value of their financial portfolios. Moreover, when coupled with NLP technologies, even greater democratization can result as inexperienced investors can interact with AI systems in plain English, while providing an easier interface to financial markets than existing execution tools. Of the companies that incorporated using Stripe, 92% are outside of Silicon Valley; 28% of founders identify as a minority; 43% are first-time entrepreneurs. Stripe powers nearly half a million businesses in rural America.
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And it's about using the cloud to innovate more quickly and to drive speed into their organizations. Those are cultural characteristics, not technology characteristics, and those have organizational implications about how they organize and what teams they need to have. It turns out that while the technology is sophisticated, deploying the technology is arguably the lesser challenge compared with how do you mold and shape the organization to best take advantage of all the benefits that the cloud is providing.
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But every customer is welcome to purely “pay by the drink” and to use our services completely on demand. But of course, many of our larger customers want to make longer-term commitments, want to have a deeper relationship with us, want the economics that come with that commitment. We're signing more long-term commitments than ever these days. Another huge benefit of the cloud is the flexibility that it provides — the elasticity, the ability to dramatically raise or dramatically shrink the amount of resources that are consumed.
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