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How to add 5.5 petabytes and get banned from Costco

Discussion in 'Off-topic Zone' started by Sam I Am, Oct 9, 2012.

  1. Sam I Am

    Sam I Am Unfriendly and Aloof!

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    Hah good stuff.

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    How to add 5.5 petabytes and get banned from Costco during a hard drive crisis

    “We buy lots and lots of hard drives . . . . [They] are the single biggest cost in the entire company.”

    Those are the words of Backblaze Founder and CEO Gleb Budman, whose company offers unlimited cloud backup for just $5 a month, and fills 50TB worth of new storage a day in its custom-built, open source pod architecture. So one might imagine the cloud storage startup was pretty upset when flooding in Thailand caused a global shortage on internal hard drives last year.

    “Literally overnight,” Budman told me, “… all the places we would go to get drives said, ‘Sorry, we don’t have any drives.’”

    People assumed it was just a blip, and while Backblaze watched cautiously in the beginning, it figured it had enough hard drives stockpiled to make it through. However, when months passed and the situation only got worse — some suppliers were offering 3TB drives that used to cost $129 for around $600 — Backblaze knew it had to act. If the company didn’t want to change its pricing model or throttle users’ capacity, something had to give.

    “That’s an absolute, just last, last, last resort,” Budman said.

    Complete Story
  2. burmafrd

    burmafrd Well-Known Member

    41,571 Messages
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    enjoyable story. Showing how you can just about always get around so called limits

    Its why the Moron Bloomberg is going to be shown as a total failure with his stupid 16OZ BS.
  3. Arch Stanton

    Arch Stanton it was the grave marked unknown right beside

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    Really good story. The nimbleness and ingenuity of a small business at it's finest.
  4. Meat-O-Rama

    Meat-O-Rama Vegetarians are so stupid.

    2,247 Messages
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    Very cool. Not sure I get Costco's logic in denying them?
  5. Sam I Am

    Sam I Am Unfriendly and Aloof!

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    If they allow a single customer to buy up their entire inventory, they cannot provide hard drives for the rest of their customers. While Costco claims to be a wholesaler, they are only a wholesaler to the public which actually just makes them just a retailer. They are just a retailer that sells in bulk.

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