Feeds

Hosting outfit goes PERMANENTLY TITSUP after 'lifetime' plans kill biz

NodeKi set to become lifeless corpse

Choosing a cloud hosting partner with confidence

A US-based web hosting firm has gone bust after it discovered too late that its "lifetime" plans for customers pretty much cost the company its (ahem) life.

NodeKi told subscribers in an email message (h/t to Reg reader Darren) that it would be going titsup for good as of 1 February.

"We want to inform you in advance that the NodeKi lifetime plans and server will cease to exist on February 1st of 2014," it told customers.

NodeKi admitted in its miserable missive that the deals had killed the company.

Unfortunately, the "Lifetime" plans were not a sustainable business model.

We can't continue paying for servers, software, bandwidth and support if there's no incoming money to cover these costs.

It's not remotely possible to provide any product "for life" that has recurring costs associated with it.

Worse still, the existing management team had been saddled with the plans that were implemented and sold by NodeKi founder and one-time CEO Jonathan Tittle.

The misery continued for the company's customers, too.

They were told "we are not able to offer refunds. This is not something that is open to debate." NodeKi apparently had a "no refund" policy in place.

Finally, those users who haven't already scarpered in the foolish search for another "lifetime" deal with a rival hosting firm, were told that support would only be provided on a "best effort basis" until NodeKi hits the kill switch at the start of next month.

It "respectfully" told customers that they basically have two weeks to skedaddle to another service.

Remember kids, agreeing to a "lifetime" deal does not normally refer to your lifetime - it's all about the sustainability of the biz and its eventual death warrant, which in this instance was signed by NodeKi. ®

Security for virtualized datacentres

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Bitcasa bins $10-a-month Infinite storage offer
Firm cites 'low demand' plus 'abusers'
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
Pssst. Want to buy a timeshare in the clouds?
The Google dilemma — controller or spreader of knowledge?
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.