3 ms·

This looks mighty fishy. They claim to be based on Glacier, yet their plans (1TB and up) are cheaper than Glacier itself. They offer 5TB for $500/yr, on Glacie

by moe 12y ago

This looks mighty fishy. They claim to be based on Glacier, yet their plans (1TB and up) are cheaper than Glacier itself. They offer 5TB for $500/yr, on Glacier it costs $600/yr. Even more worrying, they don't mention any retrieval fees nor limits. Glacier will charge them almost $800 if they let you download your 5TB in a reasonable timeframe (7 days). So, they are going to lose up to ~$1000 USD on every customer that takes their free offer, stores a significant portion of the free 5TB for a year and then downloads it all to move elsewhere... Either that or they must have a truly amazing discount with Amazon. Edit: Even assuming such a discount exists, that still looks like a very expensive marketing campaign considering most users will likely churn out after their free year...

nodata 12y ago
Surely they are gambling that their customers don't download all of their data every year. Like Dropbox do with their free plan (I don't know about the other plans).
vrypan 12y ago
Hi, I'm the founder of BigStash. We have been working with AWS Glacier for two years now, and we are very well aware of its complicated pricing scheme. Part of our offering is the abstraction layer over Glacier's pricing. Yes, you may download all your files today. But this will probably be just 0.001% of the total Glacier storage we manage, and as such, it will not cost BigStash as much. Something you didn't mention, is that there are also bandwidth costs involved. But the way our service is designed is more suitable for the kind of data you will rarely download. (And BTW, this will probably be a long-term relationship, if we live up to our promise and offer a good and reasonably priced service.) Plus, most users will not use 100% of the storage they purchase. We expect this to be more often in larger plans, that's why we are offering a lower price per GB.
- moe 12y ago
  Thanks for your honest reply. It still seems like a pretty risky gamble to me (esp. since you mention no download limits), but wish you good luck with your service.

by moe 12y ago

nodata 12y ago

Surely they are gambling that their customers don't download all of their data every year. Like Dropbox do with their free plan (I don't know about the other plans).

vrypan 12y ago

Hi, I'm the founder of BigStash. We have been working with AWS Glacier for two years now, and we are very well aware of its complicated pricing scheme. Part of our offering is the abstraction layer over Glacier's pricing. Yes, you may download all your files today. But this will probably be just 0.001% of the total Glacier storage we manage, and as such, it will not cost BigStash as much. Something you didn't mention, is that there are also bandwidth costs involved. But the way our service is designed is more suitable for the kind of data you will rarely download. (And BTW, this will probably be a long-term relationship, if we live up to our promise and offer a good and reasonably priced service.) Plus, most users will not use 100% of the storage they purchase. We expect this to be more often in larger plans, that's why we are offering a lower price per GB.

moe 12y ago
Thanks for your honest reply. It still seems like a pretty risky gamble to me (esp. since you mention no download limits), but wish you good luck with your service.