Is Backblaze as a business in trouble

Backblaze doesn’t break out profitability by product division anymore, but when they did, computer backups were profitable. B2 wasn’t. The cost of revenue largely comes from the B2 side because S3-compatible object storage is intensely competes on price/gb whereas computer backup competes on perceived trust, UI, etc. They consolidate fixed operating costs now, but the R&D is largely for B2, too.