Source: I've been doing this for more than 25 years. Never hot "hacked", never lost important data. I have seen countless drives and power supplies fail but always kept configuration and user-generated data safe (and that is all that matters, the rest can be easily re-installed from distribution media/the 'net).
[1] Maybe I should make a fancy content-less website with annoying scrolling habits for this to attract some VC capital
> Never hot "hacked", never lost important data.
You got lucky. I'm not saying cloud providers are better, I'm saying you got lucky.
Also, "needlessly condescending", give me a break. This site is called Hacker News so it is silly to call a call for exploration - the essence of the hacker spirit - "condescending".
Having said that I have also self hosted to 15 years. Arguably services that gave high utility, but never anything related to core business. I for one host everything on Digital Ocean. As a consultant I dont do enterprise cloud deployments very often, but when I do, I chose AWS and the client has the funding and pays for it.
This gives you a Heroku-like experience on a single machine and could be enough for your needs.
Until about 2 years ago, I was on a 30 mbps connection. Gigabit wasn't even an available option.