Backblaze does do more than "just store data" but that is their core business and operational concern. Just glancing through this it's easy to see that just retaining data at scale is difficult and expensive.
> By making this decision [to raise prices] now, we are ensuring we can continue to offer unlimited backup and keep improving our Computer Backup service.
I'm doubtful that this organization could generate enough passive income through an endowment to sustain itself. They do have a chart on endowment growth relative to storage growth. I wonder if they've hit the point where the endowment return is greater than their total expenses yet.
A one-time-payment like this would seem more possible if there were any restrictions on who's data to back up and how much. You can't just look at the interest of a one-time payment and say "yup that pays for storage on those bytes indefinitely" because for every byte of storage someone paid for there might be many more that are used for free.
https://www.backblaze.com/blog/backblaze-computer-backup-pri...
Backblaze does do more than "just store data" but that is their core business and operational concern. Just glancing through this it's easy to see that just retaining data at scale is difficult and expensive.
> By making this decision [to raise prices] now, we are ensuring we can continue to offer unlimited backup and keep improving our Computer Backup service.
I'm doubtful that this organization could generate enough passive income through an endowment to sustain itself. They do have a chart on endowment growth relative to storage growth. I wonder if they've hit the point where the endowment return is greater than their total expenses yet.
A one-time-payment like this would seem more possible if there were any restrictions on who's data to back up and how much. You can't just look at the interest of a one-time payment and say "yup that pays for storage on those bytes indefinitely" because for every byte of storage someone paid for there might be many more that are used for free.