So they will eventually end up like VMware or cPanel?
Backblaze responds to claims of “sham accounting,” customer backups at risk
Submitted 1 month ago by cm0002@lemmy.world to technology@lemmy.world
Comments
palarith@aussie.zone 1 month ago
gedaliyah@lemmy.world 1 month ago
Et tu?
msprout@lemmy.world 1 month ago
Honestly, I know a lot of companies that would be absolutely fucked if Backblaze went under in a dramatic fashion.
dan@upvote.au 1 month 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.