If it’s so cheap to operate why have they continually lost money, possibly even ... | Hacker News

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		steveBK123 9 months ago \| parent \| context \| favorite \| on: Backblaze responds to claims of "sham accounting",... If it’s so cheap to operate why have they continually lost money, possibly even committing accounting shenanigans to minimize the loss to a smaller number?

gruez 8 months ago [–]

See: https://news.ycombinator.com/item?id=43804258

tl;dr R&D, marketing, and overhead.

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