How can a company like Terabox give away 1TB of space for free and still stay a stable company?

⁨14⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨hour⁩ ago⁩ by ⁨HoneyMustardGas@lemmy.world⁩ to ⁨[deleted]⁩

1 TB is more than enough for most people. I am wondering how they will stay in business. Who would pay for that second Terabyte?

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FilthyHands@sh.itjust.works ⁨1⁩ ⁨hour⁩ ago
If it’s free, you are the product.

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- SpikesOtherDog@ani.social ⁨1⁩ ⁨hour⁩ ago
  Yeah, encrypt your shit.
  
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hperrin@lemmy.ca ⁨1⁩ ⁨hour⁩ ago
The first hit is always free.

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- kevincox@lemmy.ml ⁨49⁩ ⁨minutes⁩ ago
  Not just the first hit in general but this also sounds likely to be a bait-and-switch. They will roll with that free 1TiB as long as they can for marketing and market capture. They have a few profit streams (ads, whales on bigger plans) to help cover those marketing costs. But most likely they will not be profitable and eventually will reduce/remove the free plan and try to upgrade as many users as possible to the paid plan (reducing costs and increasing revenue in one go).
  
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Reygle@lemmy.world ⁨1⁩ ⁨hour⁩ ago
Just like every other modern day “cloud” platform on earth that you don’t personally host yourself, this is “how”.

I challenge-no- I dare you to read it.

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- Warl0k3@lemmy.world ⁨36⁩ ⁨minutes⁩ ago
  Dsng that’s actually a pretty non-bastard privacy policy. Data sharing with consent for non-operational requirements, explicit consent for 3rd party providers, minimal/no retention for non-operational information. Like it’s not great but it’s orders of magnitude better than, say, google drive.
  
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