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Bitcoin => Bitcoin Discussion => Topic started by: MCRyan on November 26, 2014, 04:11:59 AM



Title: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: MCRyan on November 26, 2014, 04:11:59 AM
I just recently graduated from a tech accelerator school in Silicon Valley and I was awarded a $20,000 Google cloud services credit for my startup to use on ANY Google web services they offer including their compute engine. I have one year to use the credit before it disappears.

My question to you is: If you had this credit how would you monetize it to turn it into Bitcoins or something of exchangeable, tangible value?

I would really like to turn this credit into Bitcoins in order to help fund the development of my group communication app for distributed teams. I think this could be extremely valuable for Bitcoin users.

If you think you have an answer or would be interested in a JV please by all means reply. Thanks!


Title: Re: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: jonald_fyookball on November 26, 2014, 05:28:04 AM
Its not easy to monetize just on its own obviously.  You'd need
to be running some kind of software-as-a-service business.

To start one for the sole purpose of claiming $20k of free services
would be foolish. 

But since you already have plans for a group communication app,
why not run your services on the cloud there?  You can get
free hosting, DB, whatever you need!

Another option is yeah, just try to sell it to someone who is
using google cloud or plans to.



Title: Re: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: master-P on November 26, 2014, 05:37:58 AM
Does all $20k credits have to be used up within the 1 year period?


Title: Re: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: jonald_fyookball on November 26, 2014, 05:54:32 AM
you can also try to contact some media buy companies,
ad exchanges, demand side platforms, etc.

folks that run banner ads.  They are
always needing bandwidth and stuff for hosting
ad creatives. 

But it wont be an easy sell as they would have to
integrate with the google cloud which they might
not be using.


Title: Re: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: MCRyan on November 26, 2014, 07:05:36 AM
Does all $20k credits have to be used up within the 1 year period?

That is correct, yes they do.


Title: Re: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: MCRyan on November 26, 2014, 07:07:03 AM
Its not easy to monetize just on its own obviously.  You'd need
to be running some kind of software-as-a-service business.

To start one for the sole purpose of claiming $20k of free services
would be foolish. 

But since you already have plans for a group communication app,
why not run your services on the cloud there?  You can get
free hosting, DB, whatever you need!

Another option is yeah, just try to sell it to someone who is
using google cloud or plans to.



Yah there is no way I could eat it all up within a year with the app I am launching without some serious vc backing to get my app out there...and oh yah get it to a stable place to ship.


Title: Re: How to Monetize a $20,000 Google Cloud Services Credit?
Post by: MCRyan on November 26, 2014, 07:09:40 AM
you can also try to contact some media buy companies,
ad exchanges, demand side platforms, etc.

folks that run banner ads.  They are
always needing bandwidth and stuff for hosting
ad creatives. 

But it wont be an easy sell as they would have to
integrate with the google cloud which they might
not be using.

That is a really good idea. Thank you!