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"I guess the problem with Backblaze's business model with respect to Backblaze Personal is that it is "unlimited"."

The new and very interesting problem with their business model is that drive prices have doubled - and in some cases, more than doubled - in the last 12 months.

Backblaze has a lot of debt and at some point the numbers don't make sense anymore.

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Yeah, I found that out recently when I had to purchase a new 16TB drive because of them in my RAID died recently. I bought the hard drive used about three years ago for about $130. To replace it I had to shop around and I ended up paying about $270 and I think that was considered a decent deal right now.

Oh well, I guess this is why we're given two kidneys.

I bought a 24TB for £365 last June. It's £905 now.

Is it that bad? When I look at the prices of new drives on amazon I mostly see increases just under 50%. I think used went up more but that's not affecting backblaze as much.

It's pretty bad. The enterprise drives I bought a year ago for under $300 are now either out of stock, or priced above $600 with limited stock.

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