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A little late. Amazon launched a product called "Amazon Drive" in 2015 ... Unlimited cloud storage! $11.99/year for photos and $59.99/year for everything: ht
by jasonsync 7y ago
A little late.
Amazon launched a product called "Amazon Drive" in 2015 ...
Unlimited cloud storage!
$11.99/year for photos and $59.99/year for everything:
https://venturebeat.com/2015/03/26/amazon-launches-two-new-cloud-drive-unlimited-plans-11-99year-for-photos-and-59-99year-for-everything/ https://venturebeat.com/2015/03/26/amazon-launches-two-new-c...
At the time, anyone familiar with cloud storage (Dropbox, Sync.com, Box etc.) knew that Amazon was undercutting their rivals (selling at a loss) to enter the consumer market.
Worse, many cloud providers resell AWS storage (Dropbox did at the time, and was an Amazon customer).
Amazon ran this "loss leader" for almost 2 years, hoping to drive the competition out.
In the end all they did was upset existing AWS customers, and eventually duped their own newly minted Amazon Drive customers, because they shuttered the service 2 years later (the losses started adding up on both sides):
https://techcrunch.com/2017/06/08/amazon-ends-its-unlimited-cloud-storage-plan/ https://techcrunch.com/2017/06/08/amazon-ends-its-unlimited-...
https://www.geekwire.com/2018/dropbox-saved-almost-75-million-two-years-building-tech-infrastructure/ https://www.geekwire.com/2018/dropbox-saved-almost-75-millio...