168 karma · joined August 7, 2009
Makes Bread? XP, NO. Toaster, YES!
Dropbox is based on Amazon S3, which means that not only do they have storage costs to a 3rd party that are so to speak 'out of their control' but they are also dealing with bandwidth and transaction costs.
I wish them all the best, however I can imagine this being quite expensive for them considering the amount of free users they have.
Part of the catch-22 here is also that with decreased storage costs for online storage providers (that increasingly are building their clusters with consumer component hard drives) keeps an even pace with decrease in cost for home-storage and the amount of data users are wanting to upload.
Companies in need of capital and broader ownership 'go public' to secure funds and take in investors with a monetary and intellectual interest in their business model etc.
(I know this is a 'romantic' view of the stock market)
High Speed Trading does NOTHING for owners, investors, the company or anyone but the traders themselves. Essentially it works on the same principle as a the 'worm' in Office Space (geek reference) attempting to make very small amounts of money in mistakes, miscalculations and very short-time discrepancies in valuations of financial instrument.
I feel very old voicing this opinion but it just seems like the very edge of greed and 'money for nothing' attitude to create giant data clusters aimed at just nibbling away at the corners of financial markets for profit.
In my opinion it's not worth the hassle and small extra income to complicate your capital structure.
Seriously, Yahoo.. what have you done right since 1999?
What TOTALLY 100% open service have you ever seen?
In related news. My brother is bigger and stronger than yours so SHUT UP!
I don't think a lot of backup providers do this but file-mesh services and file sharing services surely do.
At $5/month the break-even on even a VERY cheap solution is around $40GB/person.
50% off any premium package (100GB from UNDER $5 month when purchased yearly) just by registering with an '.edu' address!
- Unlimited number of devices (computers) in one account - Slightly cheaper - Windows, Mac and Linux client - 100% Zero-knowledge security and client side encryption key creation.
My 5 cent