I like your comparison with self-built storage, but comparing $20/TB/month with other CLOUD offerings, we see:
* hetzner storage box starts from $4/month for 1TB, and then goes down to $2.4/TB/month if you rent a 10TB box.
* mega starts from €10/month for 2TB, and goes down to €2/TB/month if you get a 16TB plan
* backblaze costs (starts from?) $6/TB/month
I was looking for a cheap cloud storage recently, so have a a list of these numbers :)
Moreover, these are not even the cheapest one. The cheapest one I found had prices starting from $6.5 for 5TB, going down to $0.64/TB/month for plans starting with 25TB (called uloz, but I haven't tested them yet).
Also, looking at lowendbox you can find a VPS in Canada with 2TB storage for $5/month and run whatever you want there.
How all that compares to $20/TB/month?!
Please feel free to correct me if i'm comparing apples to oranges, though. But I can't believe all of these offers are scam or so-called "promotional" offers which cost companies more than you pay for it.
I'm still annoyed they increased the price for B2. Maybe "free" bandwidth gets people to use it more? But as far as their costs go, between the time they launched at $5 and the time they upped it to $6, hard drives (and servers full of hard drives) cost half as much per TB, with 1/4 as many servers needed for the same number of TB.
I get the impression that business has always been about being the best schmoozer more than about having the best product.
BTW at Hetzner you can rent servers with very large (hundred of TB) non-redundant storage for an effective price of about $1.50/TB/month. If you want to build a cloud storage product, that seems like a good starting point - of course, once you take into account redundancy, spare capacity, and paying yourself, the prices you charge to your customers will end up closer to the price of Backblaze at a minimum.
>I get the impression that business has always been about being the best schmoozer more than about having the best product
and thus, market efficiency feels like a myth. This feels most true when it comes to cloud services. They're way overpriced in multiple different common cases at the big providers
* hetzner storage box starts from $4/month for 1TB, and then goes down to $2.4/TB/month if you rent a 10TB box.
* mega starts from €10/month for 2TB, and goes down to €2/TB/month if you get a 16TB plan
* backblaze costs (starts from?) $6/TB/month
I was looking for a cheap cloud storage recently, so have a a list of these numbers :)
Moreover, these are not even the cheapest one. The cheapest one I found had prices starting from $6.5 for 5TB, going down to $0.64/TB/month for plans starting with 25TB (called uloz, but I haven't tested them yet).
Also, looking at lowendbox you can find a VPS in Canada with 2TB storage for $5/month and run whatever you want there.
How all that compares to $20/TB/month?!
Please feel free to correct me if i'm comparing apples to oranges, though. But I can't believe all of these offers are scam or so-called "promotional" offers which cost companies more than you pay for it.