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Dropbox taking entire building in Mission Bay – biggest lease in city history

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Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#81
post #2

Good for them, I gladly pay the yearly fee for their service. Haven't had as much reliability with any other cloud storage service.

I wish I could pay them more for more that 1tb storage. I have a ton of raw files and years of images I'd be happy to back up there instead of using Backblaze or S3 etc.

https://www.dropbox.com/plans You might want to check "billed monthly" at the bottom.

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#83

> File-sharing giant Dropbox has signed the biggest lease in San Francisco history, an agreement for 736,000 square feet, the entirety of a new office complex under construction in the southwest corner of Mission Bay. [...] The space will represent an expansion for Dropbox, which occupies 182,000 square feet at 333 Brannan St., a building Kilroy also owns, as well as 115,000 square feet at 345 Brannan. Dropbox curren…

Servers?

No, you don't put servers in office space. The infrastructure requirements are drastically different.

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#84
post #54

This is just a file sync. A good one. But 1500 employees for that? This goes way beyond my imagination.

There’s a ton of stuff around that though. Tens of thousands of paying customers need support. Credit card teams. Data center guys. Guys to right deployment tools. Security guys to monitor the credit card system. Hacking together a proof of concept is simple, running a big business is complicated.

>Tens of thousands of paying customers need support.

This part really was highlighted to me when I contacted support over a bug. They linked me to an introduction to Dropbox which was kind of offensive since I've been a user for 8 years and they completely ignored the bug report it seems :-(

I guess it hadn't registered in my brain that a company with as many users as they do has customer service not unlike a larger Acme Co. tech support desk.

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#85
post #58

Naive question, but why would large companies favor leasing instead of just outright purchasing the property? It seems that when the terms of the lease are up, the leasing company has almost unlimited leverage in the next negotiation (unless the tenant company doesn't mind relocating all of its employees).

1) managing an office building is a lot of hassle. 2) startups are always growing or shrinking. no point putting so much significant capital unless it is an established in for a long haul at a location where talent is surplus. 3) if you indeed have that much capital, you can pretty much dictate what you want and get some tax benefits (amazon, second HQ) or work with a city build a new building suitable for your long-…

Want to also add something about the tax situation with renting vs buying as a business. If a company is focused on owning and profiting from real estate, they can become a "Real Estate Investment Trust" (REIT), which get special tax treatment.

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#86
This just in: NSA opens new offices in Mission Bay! ;) ;)

(Dang, I was just joking, but then, "NSA document indicates that it is planning to add Dropbox as a PRISM provider": https://www.theguardian.com/world/2013/jun/06/us-tech-giants... )

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#87

Earlier quoted context omitted.

Servers?

No, you don't put servers in office space. The infrastructure requirements are drastically different.

I mean its not unheard of for a company that size to build out a hardware lab on site in what over office space they're leasing. My previous employer did that through 3 office moves (+10 racks of test gear).

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#88

Naive question, but why would large companies favor leasing instead of just outright purchasing the property? It seems that when the terms of the lease are up, the leasing company has almost unlimited leverage in the next negotiation (unless the tenant company doesn't mind relocating all of its employees).

For a lot of companies, it's a fast track to becoming a real estate holding company that happens to have an operating business attached to it. You want to focus your business operations on the kind of business you want to be - it's why it's very dangerous for a SaaS business to have a couple really big customers that get whatever features they want written. You wind up as a consulting shop, not a SaaS business.

Target is a good example of this. It's a $32B company that owns $24B of real estate.

Re: Dropbox taking entire building in Mission Bay – biggest lease in city history

#89

This is tangential, and I'm not a designer so this is just one dev's opinion, but I found Dropbox's latest rebrand (dropbox.design) to be a bizarre departure for them. It was so off the wall I just assumed it was some sort of parody site until I realized it was official. I'm in no place to determine if it's "good" or "bad", but it's certainly an...interesting direction, if nothing else.

it has a retro feel. It even feels offensive. I think it's great that they experiment, it's a step in the right direction from todays undistinguished flat and uniform designs with hard to read shades of gray typing. I hope this is a shift to more human and original web designs.
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