Comment on Backblaze responds to claims of “sham accounting,” customer backups at risk
msprout@lemmy.world 2 months ago
Honestly, I know a lot of companies that would be absolutely fucked if Backblaze went under in a dramatic fashion.
Comment on Backblaze responds to claims of “sham accounting,” customer backups at risk
msprout@lemmy.world 2 months ago
Honestly, I know a lot of companies that would be absolutely fucked if Backblaze went under in a dramatic fashion.
dan@upvote.au 2 months ago
Even if the report is inaccurate, Backblaze has never been profitable, which isn’t great. Investors will keep pushing them to become profitable, likely eventually resulting in enshittification of some sort. We’ll see if things have changed when they publish their Q1 2025 results on May 7.