Quote:
Originally Posted by HarryT
Sounds as if they had an unsustainable business model.
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Cloud storage solutions are in bind.
To keep the price attractive to customers, it has to cost less than drives from NewEgg, but to keep the lights on, the customer, over the course of a year, needs to pay roughly twice the cost of a drive from NewEgg.
With the customer paying nothing, alternate revenue streams have to generate a lot of money. Advertising being the obvious one. Rewards from Investigative Consultants being the unobvious one.
My guess is that Yuan360 wasn't generating enough revenue from those Investigative Consultants.
Those Investigative Consultants are also the reason why using any cloud based storage solution is an incredibly bad idea.
Amber