Backblaze, Inc. (NASDAQ:BLZE) Q4 2022 Earnings Call Transcript

Gleb Budman: So first of all, thank you for being one of the people who helped us do that back in I believe that was 2011. So thank you for helping us back then and being with us for over 10 years. We source from all three of the global manufacturers of hard drives to ensure that we have a diverse supply chain. So we worked hard to keep good relationships with all of them, and buy from wherever they sell them food. So we are constantly ensuring that, we work toward having a strong supply chain.

Frank Patchel: And it is strong. I would say that our supply chain is in very good shape. We are sourcing from everyone we get great cooperation and we are not seeing the shortages or the elongated lead times that we saw during the beginning of the pandemic.

James Kisner: Next could be for either one of you, I suppose, what are your career plans when you are eventually replaced from leadership?

Gleb Budman: So frankly, I haven’t given too much thought to a courier after Backblaze or outside of Backblaze, since I don’t have any plans to leave anytime soon. Mostly I’m excited about the opportunity we have ahead of us. I think this is a really interesting time in the back ways history as the combination of this very large market, the fairly unique product market fit that we have with to help customers, especially as they look to optimize their cloud infrastructure. But the opportunity we have to really help customers use their data in addition to storing and protecting it. So, I’m excited about all that opportunity going forward.

Frank Patchel: I would just say Backblaze is a very exciting business. There is a lot going on in it, and that is my focus is to try to keep up with all of that.

James Kisner: No plans to retire, and I Private Island at this point. So, how can we better advertise the company to consumers? I think they are talking about how they themselves scan.

Gleb Budman: So it sounds like a shareholder, a customer and someone that is interested in helping us more. I love every part of that. So, we encourage you to refer your friend, including you can use our Refer a Friend program. If you go to backway.com/refer.html, you can learn about the Refer Friend program. If you do that, if you refer someone to the service, they get a month free. You get a month free. So, benefit for both. And your unique referral code is actually listed inside of your account. So if you just sign into Your Back Boy account in Left – you can get your unique code and we would love for you to do that or in any other way that you want to refer.

James Kisner: So next question is really about backup. You know, from the moment you arrive at Backblaze’s website, it is B2 business options and Support, it feels like personal backup has, has fallen to the wayside. Does Backblaze see personal data storage as a profitable space? And will there be any future efforts to enhance or advertise it?