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

Comments

• msprout@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Honestly, I know a lot of companies that would be absolutely fucked if Backblaze went under in a dramatic fashion.

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  • dan@upvote.au ⁨2⁩ ⁨weeks⁩ 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.

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• palarith@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

  So they will eventually end up like VMware or cPanel?

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• gedaliyah@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Et tu?

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