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Dropbox S-1

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Re: Dropbox S-1

#291
post #276

Earlier quoted context omitted.

Early at my days at Syncplicity, (a Dropbox competitor,) I specked out what was needed for true client-side encryption with no ability to decrypt on the server. It's very easy to do, from a technical standpoint. (We solve the problem by letting our large customers run their own servers, with their own authentication via single sign on.) The problem is that the user experience for client-side encryption is awful! Ever…

There's also no deduplication with client-side encryption.

Doesn’t homomorphic encryption allow for this?

http://ieeexplore.ieee.org/document/7255226/

Re: Dropbox S-1

#292
post #162

I’m a fan of Dropbox, it’s an excellent product. It’s the only file sync product I’ve used in anger that I actually trust — I’ve had glitches of one sort or another with iCloud, Google Drive, OneDrive... never with Dropbox. It just works. Apple should have bought them, Jobs got it wrong ;-) Dropbox Paper is also a delight to use, from a personal perspective. I’ve never used it on a team. I would be interested to hear…

Dropbox Paper is great but the Android app sucks

Re: Dropbox S-1

#293

I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as rank-and-file engineers and putting in years of effort, remember that your compensation will be paltry compared to founders and top execs. When your work finally pays off, it will mostly pay off for them. Good…

Hey I used to drive a lamborghini, Aston martin and Ferrari to work when I headed up Sql Server at Microsoft. I didn't really need the money to be honest.

Re: Dropbox S-1

#294

I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as rank-and-file engineers and putting in years of effort, remember that your compensation will be paltry compared to founders and top execs. When your work finally pays off, it will mostly pay off for them. Good…

[deleted]

Re: Dropbox S-1

#295
post #148
post #131

Earlier quoted context omitted.

Do you have a 5-second summary of what you mean by "Growth specifics and positioning of algorithms in the StitchFix S-1"? Just the fact that they use algorithms to tailor individual boxes, or do you mean something more specific?

I currently work at an e-commerce company and there has been a ton of debate around how "algorithmically driven" Stitch Fix actually is. The general feel in the space from non-technologists is that computers cannot do this job well now and won't be able to do it well in the near future. Stitch Fix makes it a major brand point that computers are an important part of the process. So the real question is - are they maki…

Chris Moody knows more about this than anyone in the world, and everything he writes about on the Stitch Fix blog seems so far ahead of what other people are talking about I really do believe that they have a real technology advantage.

It seems similar to talking to people at Google in the early days. The thing that they cared about from an engineering point of view seemed weird and they language was alien. 3 years later the rest of the world hits the same problem and I remember the conversations and think "oh so this is what they were talking about".

Re: Dropbox S-1

#296

Earlier quoted context omitted.

I've worked in fashion before and I'm a machine learning pratictoner now. I never tried myself but it seems quite feasible to build a decent profile of someones taste in fashion from a bit of data. Fast fashion gave us the logistics (no more 9mo from concept to store). But Zara and friends still supply only the major trends. We're still missing for someone to reliably market the "long tail".

> I never tried myself but it seems quite feasible to build a decent profile of someones taste in fashion from a bit of data. I've thought about this as well. How would you personally try to build this profile for users, then market to them based on it?

Ask them for access to their Facebook photos, get them to tag themselves and then build an embedding of their fashion choices.

Re: Dropbox S-1

#297

I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as rank-and-file engineers and putting in years of effort, remember that your compensation will be paltry compared to founders and top execs. When your work finally pays off, it will mostly pay off for them. Good…

You're telling me that executives get paid more than rank-and-file employees? Shocking.

Re: Dropbox S-1

#298

Earlier quoted context omitted.

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.

How did this happen?

Many will sell some of their stock during a funding round to the new investor to take some money out and blow it on lambos.

Re: Dropbox S-1

#299

Earlier quoted context omitted.

It never was and never will be. We like to pretend that employees are so fairly compensated, and yet I had to fight tooth and nail to get a mere 2% equity. The thought of an equity stake closer to 10% was almost unheard of. But you bet I'd have had an impact large enough to justify those returns, in the sense of http://paulgraham.com/equity.html Except... It's not quite that simple. Most people don't care. The vast m…

Or you could try to start your own company. Heavy is the head that wears the crown.

you're an expert in your field, you do the real work that makes money but you're not good at business, now what ?

Re: Dropbox S-1

#300

I'll just point out that the SVP of engineering, a former Microsoft exec, received $34 million in compensation, since joining less than 6 months ago. For all employees that are considering joining a startup as rank-and-file engineers and putting in years of effort, remember that your compensation will be paltry compared to founders and top execs. When your work finally pays off, it will mostly pay off for them. Good…

You're telling me that executives get paid more than rank-and-file employees? Shocking.

Well, except of course that startups, like Dropbox, very often advertise to early non-exec hires that while their current pay is very low, they'll make out like bandits upon IPO or acquiring.

Then the shares of the early employees get diluted like crazy to give those sorts of very late-hires ridiculous compensation, because "they're 'executive'".

So the message is more about broken promises than it is about compensation per se.

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