Backblaze Product and Pricing Updates
backblaze.com
Backblaze Product and Pricing Updates
1–10 of 19 posts
Re: Backblaze Product and Pricing Updates
#2Oof, 20% increase in B2 pricing. I suppose a price increase was inevitable, but thats a pretty big jump.
Now that they are publicly traded, you can see their financials and they have been losing money every quarter. This price increase doesn't appear to be because it is more expensive to store data and provide their services on top of that - gross margins are roughly the same as a year ago.
Instead their increasing losses appear to be entirely due to an increase in staff costs, which are growing faster than their revenue. Last quarter, they spent $10M on R&D, $10M on sales and marketing, and $6M on general and administrative. These operating expenses were actually greater than their revenue, which means even if hard drives and the other associated costs of revenue were $0, they would still have lost money.
Re: Backblaze Product and Pricing Updates
#3While a very very useful service that gives me a lot of peace of mind, the price increase is a bit of a bummer (but understandable) and also kind of makes me a teeny bit annoyed at the the fact that it’s unlimited.
Unlimited basically means I’m subsidizing people who are storing 50tb of content on their home machine, and also incentivizing people like me to store stupid shit because otherwise I’m wasting money. While it’s allowed under the rules, I’d rather pay less for a set storage limit that is priced sustainably than play the unlimited vacation policy type game.
Idk, some top of mind thoughts. Misty annoyed that everything in my life is getting expensive
Re: Backblaze Product and Pricing Updates
#4Ugh.
2019 Backblaze increases monthly prices 20%.
2021 Backblaze increases monthly prices 17%.
2023 Backblaze increases monthly prices 29%.
Boiling frog scenario for sure. And I recommend BB to all my friends and family, but at $108/year, I'm starting to get close to just using Time Machine and an external SSD.
Re: Backblaze Product and Pricing Updates
#5Re: Backblaze Product and Pricing Updates
#6Free egress sounds pretty cool? It means you can test backups for zero extra cost. The egress for testing my backups before was well over the yearly cost of storing my data IIRC.
Re: Backblaze Product and Pricing Updates
#7[dupe]
Re: Backblaze Product and Pricing Updates
#8[dupe]
More discussion over here:
https://news.ycombinator.com/item?id=37241488
Re: Backblaze Product and Pricing Updates
#9Oof, 20% increase in B2 pricing. I suppose a price increase was inevitable, but thats a pretty big jump. Now that they are publicly traded, you can see their financials and they have been losing money every quarter. This price increase doesn't appear to be because it is more expensive to store data and provide their services on top of that - gross margins are roughly the same as a year ago. Instead their increasing l…
Wasabi are B2's biggest competitor, and they just raised their prices to $7, so B2 are still staying $1 cheaper.
Re: Backblaze Product and Pricing Updates
#10While a very very useful service that gives me a lot of peace of mind, the price increase is a bit of a bummer (but understandable) and also kind of makes me a teeny bit annoyed at the the fact that it’s unlimited. Unlimited basically means I’m subsidizing people who are storing 50tb of content on their home machine, and also incentivizing people like me to store stupid shit because otherwise I’m wasting money. While…
> service that gives me a lot of peace of mind
I actually was deciding on this, and checked reddit, found many horror stories how data silently disappeared without chance of recovery, and opted for home nas..