Can't say I'm a huge fan of Dropbox
There's lots of things I can't say.
Dropbox Secures $600M Credit Line Ahead of Expected IPO
11–20 of 215 posts
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#12[deleted]
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#13Why can't regular folks seem to get in on an IPO? (Admittedly, I don't understand how all the stock stuff works. It just seems like only big investment firms are the ones that are able to do initial investments.)
I think it's somewhat the point of an IPO. https://en.wikipedia.org/wiki/Initial_public_offering
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#14One concern about Dropbox I have is its inability to establish itself beyond its File Storage / Syncing software. Salesforce.com, in comparison, has been acquiring companies left and right. Notable acquisitions of Dropbox, like Mailbox, have either shut down, or are nowhere on the impact map. As Dropbox user (albeit a free one), I don't find it useful for anything beyond synced storage (if there is any new addition i…
Why do they need to expand beyond that? Am I idealistic to say a company can survive just by doing something really well. Salesforce is hardly a paragon of a well-executed clear and consistent vision.
I pay Dropbox because I can rely on their backups any place at any time, not because their storage is cheap.
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#15Lots of negativity in here, but I'll say I really enjoy how incredibly simple Dropbox is and has remained since it launched.
It's so easy to explain how it works to my non-techie parents ("It's just another folder on your computer, except it backs up your data automatically").
I hope Dropbox continues to thrive.
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#16One concern about Dropbox I have is its inability to establish itself beyond its File Storage / Syncing software. Salesforce.com, in comparison, has been acquiring companies left and right. Notable acquisitions of Dropbox, like Mailbox, have either shut down, or are nowhere on the impact map. As Dropbox user (albeit a free one), I don't find it useful for anything beyond synced storage (if there is any new addition i…
Why do they need to expand beyond that? Am I idealistic to say a company can survive just by doing something really well. Salesforce is hardly a paragon of a well-executed clear and consistent vision. I pay Dropbox because I can rely on their backups any place at any time, not because their storage is cheap.
A company with a modest valuation can survive by doing one thing and doing it well.
A company with a very large valuation needs either very large sales figures OR large growth potential. Dropbox is squarely in the second category, which is why they need to keep expanding.
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#17Why can't regular folks seem to get in on an IPO? (Admittedly, I don't understand how all the stock stuff works. It just seems like only big investment firms are the ones that are able to do initial investments.)
You usually can't get in on the discounted opening price because those favorable prices are in exchange for large investment banks buying enormous blocks of shares (and thus limiting the IPO company's risk that they won't raise enough cash from the IPO), but you can certainly buy the shares from those banks at the market price. If you have $100M+ to invest you'll get lots of preferable pricing deals...
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#18One concern about Dropbox I have is its inability to establish itself beyond its File Storage / Syncing software. Salesforce.com, in comparison, has been acquiring companies left and right. Notable acquisitions of Dropbox, like Mailbox, have either shut down, or are nowhere on the impact map. As Dropbox user (albeit a free one), I don't find it useful for anything beyond synced storage (if there is any new addition i…
Why do they need to expand beyond that? Am I idealistic to say a company can survive just by doing something really well. Salesforce is hardly a paragon of a well-executed clear and consistent vision. I pay Dropbox because I can rely on their backups any place at any time, not because their storage is cheap.
The main problem is that, if they wanted to, it shouldn't take Apple/Microsoft/Google/Amazon too much work to put out a comparable product and offer it for free.
As an anecdote, my girlfriend already cancelled her Dropbox account because iCloud provides what she needs at a much cheaper cost.
Personally, I require Unix support and also use a large portion of the terabyte of space, but I'd bet that the majority of users don't.
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#19One concern about Dropbox I have is its inability to establish itself beyond its File Storage / Syncing software. Salesforce.com, in comparison, has been acquiring companies left and right. Notable acquisitions of Dropbox, like Mailbox, have either shut down, or are nowhere on the impact map. As Dropbox user (albeit a free one), I don't find it useful for anything beyond synced storage (if there is any new addition i…
To this point, Dropbox does an excellent job of what they set out to do. I haven't seen anybody do it better and I'm a happy paid user. Being able to pay $10 / month for 1TB of fast, instantly synced and versioned online storage integrated directly into the filesystem is hard to beat.
Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO
#20I don't know about Dropbox but for example Twitter is still losing money since 2012. Twitter is way overvalue in the market and has lost around $2 billion since inception. Obviously it's not the same as 2000, these companies have revenue, but some of the are not making even a profit. If they continue to throw tech companies with revenue and losing money as IPOs prepare for the next tech bubble. It will burst.