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Dropbox Could Have One of 2017’s Most Interesting IPOs

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Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#82
post #43

I wonder why we haven't seen good open-source imitations of Dropbox yet, and why there isn't a good open protocol for file sharing. The last such protocol I've heard of is WebDAV, but it seemed to have been neglected by OS implementers (Apple's implementation was particularly bad). Also WebDAV was missing many modern features.

Owncloud and Nextcloud aren't a protocol, but they do support WebDAV and have Dropbox-like features.

EDIT: Fixed typo

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#83
post #66

I'd be very surprised if Dropbox manages to IPO at $10B valuation. The growth simply isn't there. They're big on platforms and markets with no growth but they're getting killed in growth markets. E.g. my cloud storage startup Degoo recently surpassed Dropbox on the Android grossing rank in India ( http://imgur.com/HsII1KK ) and we're only 5 people.

Their revenue according to the article is $750 million a year. You really think that their P/E ratio is less than 13? Most tech companies trade at a P/E between 25 and 30 these days. I wouldn't be surprised if DropBox's valuation was around $20B.

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#84
post #27

dropbox lost me when i started to get hyper targeted spam to email addresses i only used for dropbox and haven't used for years. they seem to use a remarkably persistent cookie syncing technology.

DropBox was hacked in 2012 (and all email addresses were leaked)[0], so you might have just been getting spam from regular spammers that got a copy of this list.

[0]: https://www.troyhunt.com/the-dropbox-hack-is-real/

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#85

As a former Dropbox user, I can't imagine investing in them. For me, their plans are just way out of line with regard to pricing. So out of line that I'm going to go to the trouble of moving all of my stuff to Google Drive or OneDrive. And I hate their ransom policy of giving you free space for a while due to phone promotions or whatever and then taking it away. You are screwed and can't access your own stuff until y…

I agree. Dropbox are massively more expensive than competitors like Google Drive. I stopped using Dropbox years ago when I realised that shared files and folders take up quota for ALL people that have access to it. This is absurd, and is a terrible experience when you're trying to share something with someone and they then have to upgrade their account.

I used to love Dropbox, but the pricing model is terrible.

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#86

Earlier quoted context omitted.

I generally like Dropbox, but they made a change which has really annoyed me and made me like them much less. You used to be able to have a folder of html files in your public folder, index them with another html file, and then generate a bit.ly URL pointing to the index file. Boom, instant website for sharing things with a handful of people. They deprecated that funcionality and now several sites I made like that do…

This is the main reason I'm considering my Pro subscription. As a power user not using the collaboration or business features, having a very easy way to get a public, no web takeover link via the public folder was worth the cost (in addition to symlink syncing folders across computers). It truly was a killer feature.

I'm in the same boat. The email was garbage, too:

We’re always looking to improve the Dropbox sharing experience. The Public folder was the first sharing method we introduced, and since then, we’ve built even better ways for you to share securely and work together with your team.

As a result, we’ll soon be ending support for the Public folder. Dropbox Pro users will be able to use the Public folder until September 1, 2017. After that date the files in your Public folder will become private, and links to these files will be deactivated. Your files will remain safe in Dropbox.

If you’d like to keep sharing files in your Public folder, you can create new shared links. Just make sure to send the new URLs to your collaborators.

Double-speaking crap. They've broken literally thousands of links I've posted around the Internet since I started using Dropbox. I pay for Dropbox Pro specifically to have more space in my Public folder. And they chose to be pretty jerkish about it, to boot. Gross.

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#87
post #83
post #66

I'd be very surprised if Dropbox manages to IPO at $10B valuation. The growth simply isn't there. They're big on platforms and markets with no growth but they're getting killed in growth markets. E.g. my cloud storage startup Degoo recently surpassed Dropbox on the Android grossing rank in India ( http://imgur.com/HsII1KK ) and we're only 5 people.

Their revenue according to the article is $750 million a year. You really think that their P/E ratio is less than 13? Most tech companies trade at a P/E between 25 and 30 these days. I wouldn't be surprised if DropBox's valuation was around $20B.

I think you are confusing revenues with earnings...

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#88
I'm moving away from Dropbox as a consumer. Google Photos [1] for jpg and video; Prime Photos [2] for raw and jpg. Uploading raw and jpg to google photos causes a lot of duplicates, plus it gets recompressed.

[1] https://photos.google.com/ [2] https://www.amazon.com/photos/home

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#89
post #38

The fact that Dropbox's revenue is well above Box's if the rumors in the article are true is a great positive sign. As is being cash flow positive which would indicate that if they are burning cash it isn't at the rate of 2x revenue that Box has been a victim of. However, the vision they are selling will not come to pass. That of them being a collaborative platform. Google docs, slack, and a myriad of other tools hav…

Aren't they rushing to disable public folders just so they can write off their biggest money drain from the books just for the IPO?

this is «any IPOed startup from last decade» all over again.

Re: Dropbox Could Have One of 2017’s Most Interesting IPOs

#90
post #83
post #66

I'd be very surprised if Dropbox manages to IPO at $10B valuation. The growth simply isn't there. They're big on platforms and markets with no growth but they're getting killed in growth markets. E.g. my cloud storage startup Degoo recently surpassed Dropbox on the Android grossing rank in India ( http://imgur.com/HsII1KK ) and we're only 5 people.

Their revenue according to the article is $750 million a year. You really think that their P/E ratio is less than 13? Most tech companies trade at a P/E between 25 and 30 these days. I wouldn't be surprised if DropBox's valuation was around $20B.

As the other response said, you're confusing revenue with earnings.

Very few companies have a revenue multiple of 13x. Looking at this chart https://blog.intercom.com/wp-content/uploads/2014/07/4-forwa... it looks like Dropbox can expect something in the 6x-10x range, valuing them at $4.5-7.5B.

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