> That’s a trivial number of parts and vendors for a hardware company, but stating the obvious, Backblaze is a software company. Stating the obvious: Backblaze wants investors to value them like a SaaS company. This blog post suggests they’re more of a logistics and product company— huge capex and depreciating assets on hand. As a customer, I like their product, but they’re no Dropbox. If they would allow personal NA…
BackBlaze is definitely a SaaS company... though the quality of their offering certainly lags behind Dropbox, both in terms of feature set and user experience. They're also in a very competitive industry. Storage/backup is basically a commodity nowadays.