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Joined 1 year ago
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Cake day: September 27th, 2023

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  • “Storage management is expensive”

    It’s really not, though.

    //////

    ETA: I stick by my premise and my conclusion (storage management isn’t expensive, and it’s probably a Nitro thing), but my math may be wrong and my usage is apparently not normative. The costs are probably not so negligible, but I would still assume they aren’t as low as they want us to think.

    /////

    Discord has 200,000,000 MAU. If every single one of them uploaded a file every month (of pretty much any size) and Discord tossed it into an AWS S3 IA bucket, it would cost them $500 to store that data. Their total S3 bill for storage would be five hundred US dollars. Storage is dirt cheap. AWS doesn’t even charge per gigabyte on that storage type, it’s so cheap; they charge for downloads.

    So, ok. Let’s talk downloads. If each of those files were 25GB and downloaded twice (probably an underestimate, but not everyone is uploading files, so I’m going to make the completely unfounded assumption that it’ll all shake out), it would cost them a couple hundred thousand dollars. Which, ok, that’s much more significant than $500. But Discord made $575 million last year—so the S3 download costs would be 0.03% of their total revenue. They probably spend 2-3 times more on coffee.

    Storage management is emphatically not expensive.

    My guess? They just saw that the higher upload limit was eating into their Nitro subscriptions.




  • There are a lot of examples recently of respected legacy companies being turned into hollow husks of their former selves (or even going out of business entirely) due to finance bros. Sears, Paramount, Toys R Us, Warner Bros, Red Lobster, Twitter, Reddit (ok maybe stretching the definition of “respected”), and now Boeing, among many, many others.

    Will it change anything among that class of people? Probably not. The spectre of Jack Welch still looms large over the business world, incentivizing short-term slash-and-burn flash over long-term productive smolder. The type of person who’s inclined toward this kind of con will still pursue it, and there are enough people of low scruples who will get the dollar signs in their eyes.

    But with any luck, it will take the luster off enough that people will stop playing along; and they’ll run out of money sooner or later.

    It’s already starting to happen. The Onion was bought back from private equity earlier this summer, and the new owners are taking a lot of steps that no PE would ever consider; essentially they’re just looking to stay afloat, not trying to cancerously pursue unchecked growth.