The author, a co-founder of a startup, is building a new cloud platform called exe.dev, motivated by their dissatisfaction with current cloud providers' limitations and high costs. They argue that current clouds are constrained by their abstractions, such as VMs tied to CPU and memory resources, and that these limitations lead to poor performance and high costs. The author aims to create a cloud platform that addresses these issues, providing more flexible and cost-effective computing resources. The platform will offer local NVMe storage, anycast networking, and other features to improve performance and usability.