My firebase bill is usually $50/month, but I was surprised to see a ~$70,000 bill in one day.
Now Google is mentioning in 10 days it will be sent to debt collection
Can anyone help??
The project had been downgraded for some time but when I randomly upgraded the project in October, there was a bug in the code from an Upwork engineer. The app accidentally stored 1PB of data in GCS despite only running on Oct 18.
I woke up to my card declining a $61,200 charge and immediately downgraded the project.
The engineer resolved it and brought the cost down (in the process incurring another $7k day) but I’m still on the hook for the debt. I’ve never incurred such large charges in the past, and this situation was beyond my control.
I've been in touch with support for several months, but there seems to be internal confusion about the billing case, and they rejected my adjustment/credit request. They were telling me to reach out to my account manager or FSR, but never connected me with one.
I'm not able to get in touch with anyone except the automated chat, which just sends me a template-like email from a different name every 7 days (Venkatesh, Sai, Praveen, Abdullah). I'm also not eligible to upgrade to a higher support tier.
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My friends and I built the most viral social app of 2023
We grew to 10M users and $200k daily revenue ($6M MRR) in just 2 days, right before a coordinated effort between Meta, Apple, and Namecheap completely shut us down
A year later, I'm sharing our story for the first time…
Our app was called Wrapped - we took the fun of Spotify Wrapped and built it for Instagram, showing your analytics as slides you could share to your story.
I was 21 building this from my bedroom with 2 friends as a side project. We had no idea how quickly it would grow
Our app hit #1 on the App Store in over 60 countries including the US (beating Temu at the time)
On Day 1, we went from 0 to 1M users. By Day 3, we had 8M users.
Aside from Threads, Wrapped was one of the fastest growing social apps of all time
1/ Blobs unlock unprecedented scaling for L2s, but have huge gas spikes and price volatility. They lack financialization like hedging and fractionalization.
I've just quit my job at Apple to build blobspace derivatives & contribute to the ETH ecosystem:
2/ The Dencun upgrade enabled record-high usage and 10x lower fees for L2s with blobs.
However, 10,000%+ gas spikes via Inscriptions soon highlighted their price volatility during high network demand. Future congestion events threaten more unpredictable costs for rollups.
3/ Blobspace derivatives aim to hedge against these volatility challenges.
Similarly to trading of commodities futures, establishing derivatives markets for blob gas fees creates strategic trading opportunities for rollups (who pay premiums to de-risk their operational costs)