31–40 of 55 posts
A replacement for Drop.io is already in the works, I imagine. (And Dropbox won't cut it for a lot of people; it's not as straightforward to do a simple fileshare, and there are other cool features [e.g. RSS] that Dropbox doesn't do.)
Earlier quoted context omitted.
Did they really burn through their $4.85M from their Series C in 6 months?
If you are burning $500,000/month, which is not unreasonable, then you get 10 months with $5mm. If you haven't turned the corner after 5 months, you know you won't get out of the hole before you run out of cash. Therefore, you sell the company and reduce your burn as much as possible to make a sale happen. If your sale is all about talent and not the technology there is almost no due diligence required and a deal can…
It took the longest time for me to understand what Drop.io did. And during most of that time I was a NYC entrepreneur. It's hard to build a real company if no one understands what you do. Maybe they would have had a better outcome had they hired a CEO who could create & communicate a cohesive vision. But that's just me.
They certainly could have used more marketing as far as I've seen. I'm sad to see them go.
My band lives in various areas of the country, and we share mp3 files via drop.io. We're able to comment on each riff/song, link directly to the files, get updates via RSS, and even listen to the mp3s without downloading them.
Anything else like this exist?
I'd love hearing more drop.io alternative suggestions from others. Dropbox and Tonido have been mentioned, but they really aren't the same thing. My band lives in various areas of the country, and we share mp3 files via drop.io. We're able to comment on each riff/song, link directly to the files, get updates via RSS, and even listen to the mp3s without downloading them. Anything else like this exist?
I'd love hearing more drop.io alternative suggestions from others. Dropbox and Tonido have been mentioned, but they really aren't the same thing. My band lives in various areas of the country, and we share mp3 files via drop.io. We're able to comment on each riff/song, link directly to the files, get updates via RSS, and even listen to the mp3s without downloading them. Anything else like this exist?
Earlier quoted context omitted.
If you are burning $500,000/month, which is not unreasonable, then you get 10 months with $5mm. If you haven't turned the corner after 5 months, you know you won't get out of the hole before you run out of cash. Therefore, you sell the company and reduce your burn as much as possible to make a sale happen. If your sale is all about talent and not the technology there is almost no due diligence required and a deal can…
It's not unreasonable for drop.io to burn $500k/mo? I run a ten-man startup and I can't fathom burning that much.
Earlier quoted context omitted.
If you are burning $500,000/month, which is not unreasonable, then you get 10 months with $5mm. If you haven't turned the corner after 5 months, you know you won't get out of the hole before you run out of cash. Therefore, you sell the company and reduce your burn as much as possible to make a sale happen. If your sale is all about talent and not the technology there is almost no due diligence required and a deal can…
It's not unreasonable for drop.io to burn $500k/mo? I run a ten-man startup and I can't fathom burning that much.
Their company had a positioning problem. They built a platform that did something very unique (abstracting the coolest features from XMPP into an HTTP/RESTful API) and yet the takeaway for most people is that it's "a file sharing service."
Had the Drop.io team done a better job communicating their value proposition to developers with clarity and aggressively positioning their service, I think they could have had a big following.