“Copy and CudaDrive have provided easy-to-use cloud file services and sharing functionality to millions of users the past 4+ years. However, as our business focus has shifted, we had to make the difficult decision to discontinue the Copy and CudaDrive services and allocate those resources elsewhere”. (Barracuda)
Both Services were generating “millions of user” that obviously could not be converted into paying customers in order the service to become a business case. This leaves users and companies across the globe with the comprehension that there is no such thing as a free lunch.
Also this is in line with industry giant`s offering-changes like Microsoft´s. The Redmond company reduced its free onedrive storage from 15GB to 5GB by January 31st 2016.
Is this going to be a role model for similar software service provider, that it is necessary to have a solid plan to earn money much faster than before? Maybe not even offer anything for free at all? It surely will have an impact on investors`readiness to spend ever more money on solely building a large user base without profound revenue development at the same time.