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revnode 4 hours ago

They've been at this for a while. They do have offerings you subscribe for and pay monthly. They have also consistently offered an option for each of those offerings to bring your own or self host. They've earned my trust.

roamerz 4 hours ago | parent | next [-]

>>they’ve earned my trust

Boy I hope Broadcom didn’t hear that…

close04 3 hours ago | parent | prev | next [-]

Recently they removed the option to take certain types of backup locally (for the Network app). Now it only does it to the cloud, for those who allow this. It’s these small things that make me cautiously pessimistic that long term Ubiquity won’t pull the rug from under the customers.

Once you invest thousands in network equipment or cameras you’re less likely to jump ship when they start sneaking things in. And this is long lived equipment, not the kind you anyway replace every couple of years. So that’s a relatively strong lock-in.

KetoManx64 2 hours ago | parent [-]

They would be shooting themselves in the foot in the long term. I was surprised to learn that Ubiquiti is a publicly traded company, but also the CEO and founder owns the mass majority of the shares, so he is not beholden by shareholders wanting to enshittify the company for the same of increased stock prices.

asdff an hour ago | parent | prev | next [-]

Anything can be sold to PE.

bigstrat2003 an hour ago | parent [-]

Sure. But all you can do, when deciding with whom to do business, is base your decision on what they have already done. It's not viable to refuse to do business with a company on the basis of "they might one day get bought by PE and introduce customer hostile changes".

asdff an hour ago | parent [-]

I mean, in the NAS space with a plethora of open source alternatives, that is a viable stance.

softfalcon 4 hours ago | parent | prev [-]

I tend to agree with you.

In my opinion, as long as the majority of their profits come from people continuing to buy the self-host devices, it is fairly unlikely they'll ever stop offering those devices. Why change a working business model?

Yes, subscription models are enticing for that recurring revenue... number must go up, right? /s

If a majority of your sales are not in subscription products though, I think it would be foolish for a business to blow off its own leg trying to chase that particular dragon.

Then again... businesses have made dumber calls in the past out of nowhere...

detourdog 23 minutes ago | parent [-]

They can sell subscriptions to people who buy them and allow self contained as possible. For securities sake requiring off-site storage of a security system is a non-starter.