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Dropbox S-1

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Re: Dropbox S-1

#221

I find the equity split between Drew (25.3%) and Arash (10.3%) especially interesting given @paulg's 2014 tweet that "Zero of the most successful YC companies have a significantly disproportionate equity split" https://twitter.com/paulg/status/535588566978404352

How is that not counterevidence given the significant split between the two?

Re: Dropbox S-1

#222

I find the equity split between Drew (25.3%) and Arash (10.3%) especially interesting given @paulg's 2014 tweet that "Zero of the most successful YC companies have a significantly disproportionate equity split" https://twitter.com/paulg/status/535588566978404352

How is that not counterevidence given the significant split between the two?

I think that may be his point (that PG views that as an appropriate split for one or more reasons).

Re: Dropbox S-1

#223

Tip: Never pay for Dropbox at $99/year. It's repeatedly discounted throughout the year at Dell's website for $60, and often also comes with a $25 Dell gift card. So effectively, its value is $35/year, and you can buy multiple codes, redeem them, so you'd be effectively paying in advance for as long as you want, at 1/3rd of the price.

Normally I would jump on this, but I like dropbox, I like the people there, and I like Drew, so I'm willing to spend an extra $30 a year to increase their revenue and keep them in business longer.

Sorry, what???

I mean, you're entitled to do whatever you'd like. But do you see the potential valuations being tossed around? "Drew" is worth tens to hundreds of millions.

I just have no idea why someone would find it not only worth it to take money out of their own pocket to further a corporation that has no need for the empathy we would normally afford to people (or small businesses, which "round down" to individual people or small groups), but would actually see value in sharing this thought process with everyone else. It's not like using a "deal" is unethical or illegal (like, say, piracy), the company in question (or a reseller taking the hit) offered it. Is this some kind of silicon valley flavor of virtue signaling?

If dropbox was a startup with 8 employees, especially one that didn't offer the near-commodity service (yes, I know UX etc matter here) that dropbox does, I would understand this. But that's so far from the case

Re: Dropbox S-1

#224

Earlier quoted context omitted.

I know this isn't a very good answer for most people, but for me at least, I trust Dropbox way more than Google. I really dislike the direction and influence Google has on the Web right now, and I'm more or less ideologically opposed to them as a company (and in general, any giant monopolistic company). I hate the fact that I have to "vote with my dollar," but in the end I just feel better giving my money to an "inde…

I don't. Google provides way more for a lot less money. You can encrypt your own content on either providers. For GSuite you get literally almost every service you can imagine, include a phone number that you can make unlimited calls to/from landlines with using your computer.

The last thing I want is to get all my services from the same provider.

Re: Dropbox S-1

#225
post #215

Earlier quoted context omitted.

This is my biggest concern with the Dropbox platform summed up in the filing: * Our business could be damaged, and we could be subject to liability if there is any unauthorized access to our data or our users’ content, including through privacy and data security breaches. They have made progress. They managed to get SoC II compliance for all of their offerings. They now offer HIPAA compliant hosting as well. Not that…

Dropbox, GDrive, Box, OneDrive, etc. aren't using zero-knowledge encryption, so it must be technically feasible for them to access user data. If a company has a forgotten password reset feature, it's a good sign that it's possible for them to access your data. You have to trust the company providing the service, right? Of course in practice, accessing user data should be tightly controlled and require good business r…

It's not as black and white as all that. In the early days, it was probably a trivial operation for any employee to examine any customer's dropbox content. Hopefully these days the prod machines and backups.are walled from all but a rotating team of SREs, whose own actions on them are subject to audit.

Re: Dropbox S-1

#226
post #67

Earlier quoted context omitted.

I always find juicy information in the S1 that doesn't get reported on right away. Off the top of my head: * Reliance and risks of Zynga in the Facebook S-1 * Customer acquisition costs in the Blue Apron S-1 * Growth specifics and positioning of algorithms in the StitchFix S-1 * Infrastructure costs in the Snapchat S-1 Besides, an S-1 filing is not written in legalease, it's written in plain language. One of the targ…

This is my biggest concern with the Dropbox platform summed up in the filing: * Our business could be damaged, and we could be subject to liability if there is any unauthorized access to our data or our users’ content, including through privacy and data security breaches. They have made progress. They managed to get SoC II compliance for all of their offerings. They now offer HIPAA compliant hosting as well. Not that…

I wonder how spideroak.com compares.

Re: Dropbox S-1

#227

I find the equity split between Drew (25.3%) and Arash (10.3%) especially interesting given @paulg's 2014 tweet that "Zero of the most successful YC companies have a significantly disproportionate equity split" https://twitter.com/paulg/status/535588566978404352

It may have started equal at founding and changed over subsequent rounds. I know of a case where 4 founders started equal and differed by order of magnitude by the end.

Re: Dropbox S-1

#228

I find the equity split between Drew (25.3%) and Arash (10.3%) especially interesting given @paulg's 2014 tweet that "Zero of the most successful YC companies have a significantly disproportionate equity split" https://twitter.com/paulg/status/535588566978404352

Come to think of it - I don't many successful startups where the split is exactly equal prior to the IPO.

You'll find in the twitter replies that most people don't agree with his anecdata.

Re: Dropbox S-1

#229

Does this suggest they are in the 60-day roadshow quiet period before to the listing? It's a good value buy for me. Dropbox and Spotify whenever they go public. These two apps I've been a paying member since I discovered them.

I've been using Google Drive for years and haven't paid a dime and it works great for me.

Do you really need 1 TB in the cloud? How much of that do you actually use? Or is it like how people hoard stuff in their garage that they never use but think they will so are afraid to throw it away.

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