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$100 for 10TB storage for life! Are they serious?

Discussion in 'Off Topic' started by lvt, Jun 13, 2019.

  1. lvt

    lvt Android Expert
    Thread Starter



  2. psionandy

    psionandy Extreme Android User

    So ... In 36 months.. when the are no longer trading... What happens to the money you paid up front?

    I worry about for life deals... And where the money the need to pay for their costs comes from.
     
    rootabaga, lvt, tube517 and 4 others like this.
  3. Steven58

    Moderator

    Exactly my thoughts.
     
    lvt, ocnbrze and Dannydet like this.
  4. mikedt

    mikedt 你好

    Who's life, my life, or the life of this Degoo, whoever they are? Which could have the life of a mayfly.
     
    Steven58, lvt, ocnbrze and 1 other person like this.
  5. lvt

    lvt Android Expert
    Thread Starter

    So for many people it's too good to be true?
     
  6. dontpanicbobby

    dontpanicbobby 100% That Guy
    VIP Member

    It's for the life of the hosting company.
     
    MoodyBlues and Steven58 like this.
  7. Hadron

    Hadron Smoke me a kipper...
    VIP Member

    I don't know about "too good": I'm with Andy in seeing it as a risk.

    I know nothing about this company, but cloud storage companies have gone bust or ceased operation before now, in which case the best you can hope for is that they'll give enough notice that you can download your stuff before it's lost. I'll guarantee their T&C's accept no responsibility on their part if the data are lost. But that's not a comment on them, it applies to any cloud storage company: use them for convenience if you like, but if it's important always have a backup of your own too.

    So realistically I would not assume that this is 10TB "for life". I think the realistic question to ask is how much storage for how long would you need to justify the $100 cost, and then make a judgement about how likely you are to get what you consider value for this.
     
    lvt and Dannydet like this.
  8. MoodyBlues

    MoodyBlues Compassion is cool!
    VIP Member

    As soon as I saw that there's no Linux version, I said "@*!$& them, I'll stick with DropBox!"
     
  9. lvt

    lvt Android Expert
    Thread Starter

    Yes but Dropbox only gives you 25GB for free at max. I've read that Degoo gives you 100GB totally free just for becoming member.
     
  10. Hadron

    Hadron Smoke me a kipper...
    VIP Member

    So what's their business model? Maintaining that storage is an ongoing cost. You can use free storage as a loss leader and maintain the business in the short term if enough people sign up for the paid version, but even with that "storage for life" gets you a one-off income but leaves ongoing costs, so it's only sustainable in the long term if you have constant growth (which is impossible).

    So where is the rest of their income coming from? That question is relevant both for the longevity of the service and for your privacy (the usual way tech companies provide "free" services being to monetise you).
     
    MoodyBlues likes this.
  11. MoodyBlues

    MoodyBlues Compassion is cool!
    VIP Member

    I have a paid, 1TB DropBox account.
    Without a Linux client, that's of no use to me. Besides, I don't want or need that little additional storage space. ;)
     
  12. Deleted User

    Deleted User Guest

    I agree but $100 is a good deal but its scetchy since its OG price is $899.99 and i bet theirs a a time period you only have to pay $100 before if charges you $900.00
     
    MoodyBlues likes this.
  13. Shotgun84

    Shotgun84 Extreme Android User

    ^ 10tb is originally $3600 with a 97% discount. They're not giving that much away if they're not going to screw you over later. Stay well clear ;)
     
    mikedt and MoodyBlues like this.
  14. mikedt

    mikedt 你好

    Which is wild fantasy. Their business, service and storage could be wild fantasy as well, and all your cloud storage data dissappears in a puff of logic.
     
    Shotgun84 likes this.
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