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Most people wrongly price storage cost. E.g., IMGZ charges $34/500GB storage = $0.068/GB. https://imgz.org/money/ https://imgz.org/money/ When you factor in
by alberth 3y ago
Most people wrongly price storage cost.
E.g., IMGZ charges $34/500GB storage = $0.068/GB.
https://imgz.org/money/ https://imgz.org/money/
When you factor in credit card fees, server cost, storage costs, bandwidth, customer support, etc. - margins become razor thin (if not unprofitable if your user base is high utilizing their plans)
Even BackBlaze, known for building their own storage servers to drive down cost, they too have been losing money for years.
https://finance.yahoo.com/quote/BLZE/financials/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALEiGoskh-tXY2YNQPsfCWZXvWrq46037TTFegq99bie3pIj9TK3m_9XCh0wr_7Sn4IpJ0cqCm2jicL6TAn-mOn9URRB8ples4jtNbteOQ4r5C3CEopd5BsmmFFr2z01qhahkyjhKfnAGIQxDazaQI9sJafPTZu6J7C0Ek7fktk6 https://finance.yahoo.com/quote/BLZE/financials/?guccounter=...
- stavros 3y ago> credit card fees 3.4%, so that's $1.15. > server cost That costs $5/mo and hosts another ten projects, so it's $0.50/mo > storage costs That's $4/TB/mo, so pretty ok. > bandwidth That's free, as I know better than to run this on AWS. > customer support Oh I don't reply to customers. I have to make money somehow!