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by prirun
1117 days ago
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One-time payment of $10 per GB. Hmm, seems a bit rich since current storage rates are $0.00099/GB/mo (Amazon Deep Archive). $10 would store a GB on Amazon for 841 years: 10/(0.00099*12) = 841.750 Considering that the average corporate lifespan of S&P500 corporations in 2020 was 21 years, this storage service seems ridiculous. https://www.statista.com/statistics/1259275/average-company-... Edit: I just had a look at their TOS. Short, and to the point, ie, "we can terminate service at any time". Getting all your money upfront sounds like a great "non-profit" business idea to me. I tried looking up their IRS 990 form, but I couldn't find their official corporate name or EIN anywhere. Here's a link to a previous HN discussion: https://news.ycombinator.com/item?id=22943620 |
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