Basecamp said it was leaving cloud services because "renting computers is (mostly) a bad deal for medium-sized companies like ours." Cloud companies were making "obscene margins" on computing resources they were renting out, and the savings promised in reduced server complexity never materialized.
https://www.techspot.com/news/97300-leaving-cloud-basecamp-spent-32-million-year-rent.html?utm_source=dlvr.it&utm_medium=blogger
https://www.techspot.com/news/97300-leaving-cloud-basecamp-spent-32-million-year-rent.html?utm_source=dlvr.it&utm_medium=blogger