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Backblaze responds to claims of "sham accounting", "customer backups at risk"

71 pointsby alphabettsy15 days ago

9 comments

gnabgib15 days ago
Related <i>Backblaze: Mounting Losses, Lawsuits, Sham Accounting, Insider Selling</i> (262 points, 3 day ago, 158 comments) <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=43802675">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=43802675</a>
VTimofeenko15 days ago
TFA title seems odd. Article sez Backblaze has responded to the claims of &quot;sham accounting&quot; and (indirectly) to the claims that &quot;customers backsups [are] at risk&quot;, yet the title wording implies that the backups are at risk as a consequence of BB responding.
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DecentShoes15 days ago
What makes a company like this lose so much money? I&#x27;m paying 15$ a month for years for a tiny tiny bit of hard drive space. Where does all the money go? What&#x27;s the big money sink with something like this?<p>I&#x27;m not doubting it, just would like to understand.
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xupybd15 days ago
This might all be true but coming from a short seller seems off.
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juancn14 days ago
This is anecdotical, so take it with a pinch of salt, but I had a really bad experience with Backblaze, they lost ~80% of my files with no recourse for recovery.<p>They trust their pods too much and they fail in ways they cannot detect until you attempt to extract the data back.<p>If you use it, periodically download everything just to check it&#x27;s still there.
scarface_7415 days ago
I always held BackBlaze up as one of the very few companies that went from initial value proposition, to taking investor funding to going public without enshittification.<p>I don’t have an opinion on the current controversy. My issue with BackBlaze is that they haven’t been aggressive enough about <i>raising</i> prices to be profitable. I gladly give companies money to give me a service.<p>I no longer use their service. But only because I took my plex server down years ago and copied my media to my AWS Account (S3 Glacier Deep Archive).
yladiz14 days ago
Which backup services would folks here recommend to replace and&#x2F;or supplement Backblaze? I have a lot of important files backed up there (photos, documents), some <i>only</i> there, so for the sake of redundancy I think it would make sense to find a second provider.
dboreham15 days ago
Oh. That sounds quite bad. Presumably in practice they would be acquired by Amazon rather than simply shut down service overnight.
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throwaway51915 days ago
Edit: See following comment.
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