I’ve spoken to Box’s CEO Aaron Levie previously about the economics of the file-sharing space. Given the upcoming IPO’s for both Box and Dropbox, two companies offering a similar service to Bitcasa, this is an issue around which the markets should also sit up and listen. The bottom line is that the race to the bottom, where storage becomes essentially free, is also a race to build completely unsustainable businesses. The thrust of his suit was that Bitcasa did not give customers long enough to migrate their data – the lawsuit however found in Bitcasa’s favor.īeyond this court case, which most people would agree was somewhat vexatious, there was some interesting information that came to light, and it is this information which will be of relevance to anyone who works in, comments about or invests in the file storage sector. Many of those same customers were incensed that Bitcasa changed their terms and conditions, one even went so far as to launch a class action suit against the company. One of Bitcasa’s core value propositions before the move had been offering customers an unlimited storage plan which many with high storage requirements took advantage of. A couple of months ago cloud storage vendor Bitcasa made the decision to reverse its previous unlimited storage strategy.

Onedeive vs bitcasa