Backblaze and most U.S. companies are incorporated in Delaware, which requires assigning a President and Secretary. As good practice, and also typically required to conduct business in other states, companies also assign a Chief Financial Officer (CFO). When we started Backblaze over a decade ago, we listed Brian Wilson (co-founder and CTO) as the CFO…..
Today we’re announcing that compute is now available for B2 Cloud Storage customers through our partnerships with Packet and ServerCentral. These partnerships enable B2 customers to use compute, give our compute partners’ customers access to cloud storage, and introduce new customers to industry-leading storage and compute — all with high-performance, low-latency, and low-cost.
Hiring success shouldn’t be defined by finding and hiring the right person, but instead by the right person being successful and happy within the organization. Let’s look at who you need to hire, when to hire them, where to find them (and how to help them find you), and how to get them to join your company.
The cloud backup industry has seen its share of tumultuousness. BitCasa, Dell DataSafe, Xdrive, and a dozen others have closed up shop. Mozy, Amazon, and Microsoft offered, but later canceled, their unlimited offerings. Recently, CrashPlan for Home customers were notified that their service was being end-of-lifed. Then today we’ve heard that Carbonite is raising its backup prices.
Running out of cash is one of the quickest ways for a startup to go out of business. As a primarily bootstrapped but capital-intensive business, managing cash flow at Backblaze was and still is a key element of our success and requires continued focus. Let’s look at what we learned over the years.
“Are you crazy?” “Why would you do that?!” “You shouldn’t share that!” were just a few of the common questions and comments we heard over the years when Backblaze shared information about our business that most other companies do not. What was the thought process behind opening up? I’d like to explore the positives and negatives of being so transparent as a company.
Perhaps your business is competing in a brand new space free from established competitors. Most of us, though, start companies that compete with existing offerings from large, established companies. Your job is to come up with a better mousetrap — not the first mousetrap. That’s the challenge Backblaze faced. In this post, I’d like to share some of the lessons I learned from that experience.
In my previous posts, I talked about coming up with an idea, determining the solution, and getting your first customers. But you’re building a company, not a product. Let’s talk about what the first year should look like.