This document summarizes key concepts related to cloud native enterprises. It begins by defining characteristics of cloud computing according to NIST, including on-demand self-service, broad network access, resource pooling, and rapid elasticity. It then discusses how these characteristics impact traditional IT operations models and require operations teams, security, and finances to be rethought. The document concludes that cloud native enterprises require new approaches like agile practices, minimum viable products, and decentralization of responsibilities.