3 ms·
"Aaron Levie, CEO of cloud storage company Box just told The Information, "We see a future where storage is free and infinite." I'm not a big bubble proponent,
by ojbyrne 12y ago
"Aaron Levie, CEO of cloud storage company Box just told The Information, "We see a future where storage is free and infinite."
I'm not a big bubble proponent, but this sounds so 2000ish, it's not funny.
I see a future where Box disappears. And then Dropbox. And then many other cloud companies.
- cwp 12y agoLevie is the CEO of a cloud storage company. You don't think he's thought through implications of his own statement?
- adventured 12y agoNo doubt he has. Box is currently suffering through the implications of it all - they're bleeding cash at a business-threatening rate. If this era of historically cheap money started to fade tomorrow, Box would go bankrupt very quickly.
- tlrobinson 12y agoBy "free" I think he means "in exchange for the right to look at your data and do profitable things with it (sell advertising, etc)"
- morgante 12y agoI highly doubt that's in the cards for Box. Their entire business model is around selling security and enterprise features. In that sense, I do agree that the future is probably that storage is totally free (at least for consumerized apps—S3 will never be free). Companies can make their profits on value-added services like security (Box) or editing tools (Microsoft).