Finally DropBox will offer a useful product.
Dropbox buys HelloSign (YC W11) for $230M
11–20 of 164 posts
Re: Dropbox buys HelloSign (YC W11) for $230M
#12is this a 70X acquisition multiple? I read somewhere they had ~3mil in turnover?
Re: Dropbox buys HelloSign (YC W11) for $230M
#13> Dropbox snares HelloSign (YC W11) for $230 The title appears to have a negative slant. Is the modern jargon for acquisitions of this nature?
I’m not sure but most people around me speak negatively about Dropbox in terms of security. The most common expression is: “Things on Dropbox are to be considered public.” My assumption is that anyone can achieve reasonable security of they care enough about it, therefore I would blame Dropbox management for their priorities there. Given the business of HelloSign, that feels like a possibly dangerous combination.
However, I agree with you: “offers to buy” would be more neutral and feel more appropriate. “Snares” has other nuances (surprise, violence, asymmetry) but neither convey a discussed at length, mutually agreed and beneficial relationship.
Re: Dropbox buys HelloSign (YC W11) for $230M
#14> Dropbox snares HelloSign (YC W11) for $230 The title appears to have a negative slant. Is the modern jargon for acquisitions of this nature?
I don’t think it is meant to be negative. I think “snares” could be positive or negative.
I interpreted it as Dropbox was fortunate to acquire HelloSign.
Also, this may just be some creative writing. Dropbox’s announcement did not use such language.
Re: Dropbox buys HelloSign (YC W11) for $230M
#15There's something I never understood about e-signature services: how are they legally binding? Why do we need them at all? The end users don't have control over any of the keys, so it all hinges on the e-signature service telling the truth. It's significantly less secure than say, S/MIME with a proper CA-signed certificate. Is the bar for legal "signatures" really that low?
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Re: Dropbox buys HelloSign (YC W11) for $230M
#16There's something I never understood about e-signature services: how are they legally binding? Why do we need them at all? The end users don't have control over any of the keys, so it all hinges on the e-signature service telling the truth. It's significantly less secure than say, S/MIME with a proper CA-signed certificate. Is the bar for legal "signatures" really that low?
The law isn’t like programming.
The reason you sign something is to show clear intent that you intended to agree to something.
Nobody’s under the impression a paper signature cannot be forged either. It’s no different.
It’s social not mathematical.
Re: Dropbox buys HelloSign (YC W11) for $230M
#17There's something I never understood about e-signature services: how are they legally binding? Why do we need them at all? The end users don't have control over any of the keys, so it all hinges on the e-signature service telling the truth. It's significantly less secure than say, S/MIME with a proper CA-signed certificate. Is the bar for legal "signatures" really that low?
Because e-signatures are a replacement for faxed/scanned signatures, not original, notarized signatures.
Re: Dropbox buys HelloSign (YC W11) for $230M
#18There's something I never understood about e-signature services: how are they legally binding? Why do we need them at all? The end users don't have control over any of the keys, so it all hinges on the e-signature service telling the truth. It's significantly less secure than say, S/MIME with a proper CA-signed certificate. Is the bar for legal "signatures" really that low?
How is it any different than signing something physically ? I have always understood signatures to be an honor contract. Once you have signed something, what is the proof that YOU actually signed it other than doing a notary ?
Re: Dropbox buys HelloSign (YC W11) for $230M
#19Hmm... the headline has me wondering what was the first time one YC startup bought another YC startup. Is this the first time? Or has it happened before?
Reddit was a merger. I assume stock was exchanged.
Re: Dropbox buys HelloSign (YC W11) for $230M
#20> Dropbox snares HelloSign (YC W11) for $230 The title appears to have a negative slant. Is the modern jargon for acquisitions of this nature?
I read it as "gets the prize despite competition" as in Cinderella snares Prince Charming despite heavy competion from Snow White and the ugly sisters