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Dropbox Secures $600M Credit Line Ahead of Expected IPO

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Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#141
post #14

One 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.

Why is synced storage such a hard thing to disrupt with an open source app? Like nextCloud?

And before you say "open source is only for geeks to install" consider this: Firefox is open source, and it was beating IE.

So my question is, what's really so hard about making an open source app that will sync to ARBITRARY servers AND encrypt everything, and those servers all run nextCloud?

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#142

One 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 must these things always be looked at through the eyes of business? Why can't Dropbox just do file sync really effing well? Companies need to stop trying to take over the world, and focus on product/service mastery

Because when you raise VC, you have made a pact with the devil to take over the world.

Your customers aren't just your customers, but also your financial backers at that point.

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#143

Earlier quoted context omitted.

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.

The place where Dropbox is spectacularly bad is multiple account support. Google does a good job of multiple account support - you log in to the relevant multiple accounts and things work. Dropbox expects you to pseudo-merge exactly one personal account with exactly one business account. You end up with a mess. It gets even worse when trying to unmerge them. And is not useful should you have more accounts than exactl…

I could see that. I'm _only_ using it for personal so I haven't really run into the issues that you're talking about.

I think for Dropbox to operate in a pure filesystem-native-first experience they're probably approaching it from the 1 computer = 1 person standpoint (or one logged in user on the computer at least).

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#145

Earlier quoted context omitted.

Surely if the company isn't "living up to it's valuation" that's a problem for the people who erroneously valued it at that level, not for the company?

Hah. It becomes a problem for it's users. When they are chasing quarterlies and the focus shifts from providing a good experience to making numbers, you'll feel it. Most companies DNA is pretty baked in by the time they offer publicly.

Evernote is a good example of that.

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#146

One 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…

> One concern about Dropbox I have is its inability to establish itself beyond its File Storage / Syncing software.

On the flip side, it works really, really well cross-platform. Windows, Linux, Mac OS X, Android, iOS - you name it, they have it. And it's 100% hassle-free.

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#147
post #14

Earlier quoted context omitted.

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 user…

> it shouldn't take Apple/Microsoft/Google/Amazon too much work to put out a comparable product and offer it for free.

OneDrive is perhaps not quite as polished and its Linux support is lacking/unofficial/nonexistent depending on your viewpoint, but Microsoft's push to Office365 means that if you subscribe to it you're getting at least as much storage as Dropbox offers at a monthly cost that's ~70% of Dropbox for a single user, or 5x that (5 * 1TB/user) at the same annual price as Dropbox. On top of that, you get the assorted Office apps.

One notable weakness of the non-Business version of OneDrive is the lack of version history, so if that's important or you have no other forms of backup then that could be a deciding factor.

I'll leave out of it the question of whose servers data resides on and passes through.

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#148
post #56

Earlier quoted context omitted.

The people who erroneously valued it are shareholders in the company, the company exists to benefit its shareholders, ergo (the shareholders would say) it's a problem for the company.

Basically people jumped on Dropbox to make money out of Dropbox's success. If Dropbox remain conservative and just continue to do remote storage/syncing well then those people won't get [as much] free money. Those people aren't investing they're speculating. They're not there primarily to see Dropbox succeed they're shareholders because they want to get rich from other people's work. So yes that's a problem for the c…

If investors have to risk money in order to [potentially] earn money, that doesn't sound so "free" to me.

Re: Dropbox Secures $600M Credit Line Ahead of Expected IPO

#149
post #14

One 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.

Normalley I'd say - "There's nothing wrong with that and they can do what they want."

but... .they're filing for an IPO.. so their shareholders are going to start hitting them with the "If you don't always make more money than last time we'll fire you and find someone who will."

If you don't want to expand your business far beyond what it's already doing then you don't IPO and take on shareholders.

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