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At the rate of 0.036/GB, I'm just paying Backblaze USD50/year. Meaning if I store more than 115.74GB per month, Backblaze is losing money? And this is the cost
by asdz 10y ago
At the rate of 0.036/GB, I'm just paying Backblaze USD50/year. Meaning if I store more than 115.74GB per month, Backblaze is losing money? And this is the cost only for storage, it could be 80GB to break even the cost and revenue. How do you guys make sure you can sustain in the long run? (I don't want to face another 'Copy case' T.T)
- atYevP 10y agoYev from Backblaze here -> Accurate. We live off the averages. More people store less data than store more data. A lot of folks that have multiple terabytes backed up often tell their friends with less data and eventually it all averages out. We're bootstrapped so we have to be cash-flow positive, and at our $5/month price-point we are. We've been at this for 9 years too and so far its worked out OK! No reason to charge a lot for a service if you don't have to. We might need to move stuff around or change things in the future, but so far we've never had to raise prices and instead just keep adding features. Tell your friends? :)