You could host so much from your macbook. The average HN startup could be hosted on a $200 minipc from a closet for the first couple of years if not more - and I'm talking expensive here for the extra RAM you want to not restart every hour when you have a memory leak.
The real problem is the lack of understanding by most engineers the degree of overprovisioning they do for code that's simple and doing stupid things using an inefficient 4th order language on top of 5 different useless (imo) abstractions.
/s
I've seen Spark clusters being replaced by a single container using less than 1 CPU core and few 100s MB of RAM.
But you actually need more than compute. You might need a database, cache, message broker, scheduler, to send emails, and a million other things you can always DIY with FOSS software, but take time. If you have more money than time, get off the shelf services that provide those with guarantees and maintenance; if not, the DIY route is also great for learning.
At least on cloud I can actually have hundreds of GiBs of RAM. If I want this on my Macbook it's even more expensive than my cloud bill.