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by sososoko 4077 days ago
they will give time, e.g Ubuntu One file services closed shop and gave some time and even free migration services to another provider.
1 comments

This was because the company behind Ubuntu (Canonical) shut down the service, they didn't go under themselves.

If the cloud infrastrucure is Box's, and they cannot pay the maintenance fees anymore, I would start seriously worrying.

In a way, committing to a company whose main business is cloud storage gives you more guarantees they won't shut down the service out of the blue (since it's their only, or main, source of revenue), while committing to a big company with their eggs in more baskets (MS, Google) gives you more guarantees that if they shut down the service you'll be given some time to react.

Is there insurance coverage for this sort of thing?

"In case Company X goes under, Insurance Company Y will pay $Z to cover hosting costs for AA months so that customers can download their data"