not the best time to go public :) the stock market is about to take a serious hit.
So you sold all of your positions and will be re-buying after the hit?
Congrats Dropbox
91–100 of 285 posts
Re: Congrats Dropbox
#92this company has no future. Amazon and Google can kill it easily when they want.
Yep. Cashing out while they can, obviously.
Re: Congrats Dropbox
#93Thank you Paul and Jessica for taking a chance on us — we wouldn’t be here without you and YC :) And thank you HN — I’m pretty sure the upvotes on the original screencast helped us get into YC and on Paul & Jessica’s radar to begin with! Even you BrandonM — https://news.ycombinator.com/item?id=9224 — my favorite HN comment thread of all time :)
Here's a link to the actual presentation https://web.archive.org/web/20100817162301/http://dl-web.dro...
Re: Congrats Dropbox
#94Congratulations! What a consistent drama free run. Also, resisted an acquisition offer from Steve Jobs!
How was it drama-free? There was a #DeleteDropbox campaign after they hired Condoleezza Rice, widely considered to be a war criminal (especially outside US conservative circles) and definitely a proponent of domestic spying programs.
> widely
I'm not sure you'll find much well-reasoned support for this notion outside of California and college campuses.
Re: Congrats Dropbox
#95Congrats to the Dropbox team.
Apologies if this is a naive question but I haven't had much success Googling.
I've never heard of a company going public without an investment bank's support. I assume there was a law to require this.
When did that happen?
Re: Congrats Dropbox
#96I like Dropbox and YCombinator, but this line near the end was odd: "Today is a big milestone for YC. When we launched 13 years ago, we never imagined that a company that we’d funded would one day go public." Really? What were they doing funding it, then? I hadn't realized that wasn't the original idea at YCombinator.
You don't need to have an IPO to be a successful venture??
A lot of them sellout.
Re: Congrats Dropbox
#97Thank you Paul and Jessica for taking a chance on us — we wouldn’t be here without you and YC :) And thank you HN — I’m pretty sure the upvotes on the original screencast helped us get into YC and on Paul & Jessica’s radar to begin with! Even you BrandonM — https://news.ycombinator.com/item?id=9224 — my favorite HN comment thread of all time :)
On point 1, he failed to understand that 99.9% of population is not IT savvy, not to mention how much time such setup would take and then maintain to run smoothly with all security patches, etc.
2. He misunderstood initial description of Drop; that the files will reside locally even if you lose internet connection you still can access those.
3. He was wrong about "viral" but right about inability to "make money off of this" :)
Congrats on listing!
Re: Congrats Dropbox
#98I like Dropbox and YCombinator, but this line near the end was odd: "Today is a big milestone for YC. When we launched 13 years ago, we never imagined that a company that we’d funded would one day go public." Really? What were they doing funding it, then? I hadn't realized that wasn't the original idea at YCombinator.
You don't need to have an IPO to be a successful venture??
Some ventures get acquired. That can be a path to success, too.
Bacardi does revenues of 5 billion plus and they're private. I'd say that's a successful business.
Re: Congrats Dropbox
#99Is Dropbox a buy right now at ~$30? What do you think.
Re: Congrats Dropbox
#100Earlier quoted context omitted.
With the requisite "why would you do this? it's trivial to instead!"
I genuinely laugh every time at that comment every time this gets reposted, as if 99.99% of people wouldn't run away if they read 'curlftpfs' and 'mounted filesystem'
HN had a higher percentage of people at that time that would've considered that to be a reasonable alternative to Dropbox.