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And LayerOnline like other companies that get sold based on revenue streams there’s a formula for Unlimited Cloud Storage calculating a sales price which is usually based on a multiple of revenues. A potential buyer can offer me a price for Unlimited Cloud Storage that revenue stream. And LayerOnline at that point I should actually have something valuable to sell: LayerOnline a revenue stream. But by selling cloud services I could. I don’t have this now. I can keep collecting those checks or…
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I meet many people who claim they store their backups on an external hard drive or LayerOnline on memory sticks. It was set to back-up to an external hard-drive. Its owner assured me it backed up regularly. Just yesterday I rescued data from an ageing computer that had frozen. Not a bad idea — except the external hard drive had spent the last 3 years living in the roof of his garage. When I asked him where to, LayerOnline he had no idea. The last backup was 3 years old. Do you want to guess where?
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There is no guarantee of security. The examples with my bank and LayerOnline with my investment company have helped reassure me that they are proactively trying to minimize the risk of loss. However, LayerOnline it is not obvious that your risk of loss is any greater in The Cloud than it is anywhere else. My confidence in reasonable security in The Cloud is based upon my doing business over the Internet since the early 1990s when the Internet opened to commercial sites.
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