The term 'camel', used to describe startups since at least 2017, describes companies that, like the namesake beast, can weather harsher conditions.
Many small startups are suddenly struggling to find customers, much less investors, while larger companies are working to reduce discretionary spending in order to preserve capital.
If the company's a camel, with the ability to conserve losses, preserve revenue, and out-last a [financial] drought, they'll be more appealing in economic downturns.
Today, most of the web you know, including Netflix, Reddit, Pinterest, the CDC, Etsy, AirBnB, and more, all run on AWS.Amazon is a camel, because even if its various forays into different tech and business sectors fail, it always has the core profit engine of AWS to keep the company going.