BackBlaze (BLZE) to be Acquired. You Heard it Here First.
When Backblaze (NASDAQ:BLZE) went public last November, I thought it might be an interesting play, but I didn't like the valuation or the earnings. And I still don't. And this concerns me because I'm a customer. Backblaze generated $41m and $54m in 2019 and 2020 respectively. They were barely profitable in 2019 and had a small loss in 2020 - fair to say they've been right at break even during these periods. For 2021, sale...
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