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Dropbox to cut 11% of its global workforce

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Re: Dropbox to cut 11% of its global workforce

#511
post #482
post #434

Earlier quoted context omitted.

It’s obviously hard to know exactly what Jobs meant, and sadly he is not here to be able to ask him, but here is my best guess as to what he meant: In the early days of computing people would sell task managers, file managers, memory optimisers, software to burn data to a CD etc. As time went on, these ‘products’ just became features of the operating system. While it used to make sense for people to own a copy of Ner…

Still, cross-operating sync of files has become far more important than when Dropbox was launched, with many more people juggling multiple operating systems (OSs which are often adversarial with one another).

It’s become more important, and I think will now become less important as the concept of a file changes.

A google docs file isn’t a file in the traditional sense, it just exists on the cloud and we can collaborate at the same time.

Similarly with Figma, that’s not really a file. It just exists and we can all edit it at the same time.

My todo list app used to sync with Dropbox, now it syncs for free without Dropbox.

Even Microsoft office documents on 365 sit in a weird space between ‘kind of a file and kind of not’ - the file is there, but when you are doing live collaborative editing that’s presumably not also updating the file on the disk in real time - there is some other sort of magic going on.

The important thing with the above examples is they can offer better sync because they don’t rely on Dropbox, rather than despite not using Dropbox.

If sync is an application feature, sync tends to be better than if sync isn’t an application feature and it’s left to Dropbox to do the sync.

Re: Dropbox to cut 11% of its global workforce

#512
post #503

Earlier quoted context omitted.

I don’t think they can chase the consumer market either though - it’s too competitive. Both iPhone and Android have support for cloud sync baked into their operating system as a core feature for their own service. The issue with things like Carousel or Google Photos is that the sync is actually a fairly small part of the engineering effort - the hard part is making an amazing photo viewing and editing app which with…

Dropbox had direct sync with camera app it worked better than Google photo sync. Over years, you accumulate multiple GB of just photos. I got my Google One subscription because of that. Once people star buying storage from google/apple there would be no point to buy any of Dropbox offering. I am only paying for Dropbox because there is no good Linux alternative.

> Dropbox had direct sync with camera app it worked better than Google photo sync.

Still has. It's called "Camera Upload" now.

> Once people star buying storage from google/apple there would be no point to buy any of Dropbox offering.

I think secure erase, transfers, file requests, "Apps" and OS independence is worthy of the price they ask for. Also on-demand sync on other OSes and other small features increase their value in my eyes a lot.

Re: Dropbox to cut 11% of its global workforce

#513
post #9

Dropbox has been hammered by Wall Street ever since it went public. On the surface it should be trading well enough given it's revenue growth from when it went public to now, however, the narrative of competing with both Microsoft and Google was a tough one to play down. Revenue growth will slow down to below 20% in 2021 which basically starts to take DBX out of the high growth tech stock focus and it is trading at l…

It's dismaying that even the best, most shining examples of unicorns that took off on the backs of good products and have stood toe-to-toe with the mega-corps, are now losing value simply because they're competing with the mega-corps , and being forced to look for acquisitions just like all the other startups. If that doesn't plainly show that big tech has gotten too big, I don't know what will.

An alternative interpretation might be that a company that just makes one thing may not survive as a publicly traded entity considering the scrutiny and industry comparisons that entails.

GSuite and Office 365 do not trade as standalone companies, but even if they did, they'd be far ahead of Dropbox, as they integrate cloud storage with an entire suite of office products.

Re: Dropbox to cut 11% of its global workforce

#514

Dropbox and Evernote, for me are two very similar companies. Startups that innovated on a great user experience and had a flawless execution in the beginning. I was an early adopter of both of them, and they worked well. Dropbox sync between different machines worked like magic. I still remember some of the nightmares my coworkers had with OneDrive in meetings when the files for the presentations were missing because…

I dunno. I feel dropbox has been getting less and less usable as their UI tries to get further away from the very light wrapper around windows explorer(or whatever file explorer your OS of choice uses).

I really just wanted it to be a folder that exists on all my computers. That's it. Now when I ask it to open the dropbox folder it stays within it's own application window and attempts to recreate windows explorer, but without all the features of windows explorer and tons of gunk I don't want.

This seems to be a problem of both the "lets push our userbase into patterns that work for us rather than them" and "Hey I'm a UI designer so I have design me some UIs, and I'll never stop, even though the UI is correct, I'll keep changing it forever!"

Re: Dropbox to cut 11% of its global workforce

#515
post #449

Earlier quoted context omitted.

> Dropbox is a feature not a product. I don't think so. It's a product which enables a lot of useful features on a variety of devices, including Linux desktops. No competitors of Dropbox enables the same functionality under Linux. This is why I use, and will continue to use it. Yes, iCloud just works and Google Drive works well enough, but none of them works on Linux. Nextcloud doesn't create too many problems but ne…

"Dropbox is a feature not a product." Where this does ring true is Dropbox versus not OneDrive on it's own, but OneDrive as it comes bundled with O365. Many F500 type companies pretty much MUST have O365. Then, if you have O365, you have OneDrive. And the question then isn't whether Dropbox is better. It's whether OneDrive is "good enough" to suffice, despite it being not as good as Dropbox. And the decision maker do…

I think Slack is having the same problem with Microsoft Teams.

Re: Dropbox to cut 11% of its global workforce

#516

Earlier quoted context omitted.

That minimum fee has recently increased. Like 1-2 months ago. You are not going to negotiate that down with VISA/MC. Talk to a bar/restaurant worker, who gets to see the transaction fees.

I own an MSP and we have wide latitude to set rates with our customers. The numbers that were in the example ($.50 plus on a $2 transaction) are on the high side of ridiculous, especially for card present. And yes, the base costs vary by industry so your milage may vary.

You think card is present when you sign up for dropbox?

Re: Dropbox to cut 11% of its global workforce

#517

Earlier quoted context omitted.

> Anyone working at either company that's not looking for a job should be What?? I don't know about Evernote. But did you look at the financials of Dropbox? They have a solid sheet so maybe take a look before you suggest people there to look for another job. They decided to shift their focus to enterprise. They made a decision not to compete on the consumer side. Enterprises don't need a free tier. I don't know if th…

> did you look at the financials of Dropbox? You are aware that this discussion is about an announcement that they're cutting 11% of their workforce, aren't you? Anything can happen when companies get in this position.

You're making an assumption that layoffs mean company is in some trouble and everything can happen. That's clearly not the case here if you check their financials. This is an efficiency move.

Re: Dropbox to cut 11% of its global workforce

#518
post #371

Earlier quoted context omitted.

Both evernote and dropbox started making the free service worse by limiting how many devices you could connect. Dropbox also dropped support for xfs filesystems on Linux (which they later brought back, but not after infuriating Linux users). That's when I stopped using both. I then moved to Google Drive (which is half the price of Dropbox), and moved to using markdown note apps sync with Google Drive (which is free!)…

> markdown note apps sync with Google Drive Can you recommend the app please? I migrated away from Evernote when it started to have too much features, and was no longer convenient note taking app. I'm using Apple Notes now, which is more or less good, but it is vendor-locked, and I plan to move away from iPhone to Android.

roamresearch.com works really well for me

Re: Dropbox to cut 11% of its global workforce

#519

Earlier quoted context omitted.

Seeking Alpha link has the changes over time. They were able to reduce the expenses in the last 2 years, but the investors are going to compare them with their competitors, not only with the previous years. FB for example has engineering expenses of 21% better position on the market place and better growth. Dropbox in the current state can become a target for activist investors like Elliot. The high percent R&D expen…

Since when FB is a Dropbox competitor? I'm sure their engineering expenses will continue to drop, esp with the whatsapp exodus to Signal... Joking aside... > They were able to reduce the expenses in the last 2 years That sounds pretty good to me! Reduce expenses but revenue is growing and revenue per user is growing. So they make more money without growing costs. That's great. With the layoffs that ratio would even i…

Google engineering expenses are 16%.

We can disagree on their future, but for me it is likely that they'll face more challenges and more pressure from the investors.

Re: Dropbox to cut 11% of its global workforce

#520

Earlier quoted context omitted.

Storage-as-a-service is a commodity and race to the bottom. Check $BOX and $DBX 5 year charts. Good luck competing with GAFA on this, best hope is a buyout. Firesale on depreciating assets. On the consumer side, storage will become an appliance, like a (stick of butter sized) fridge. Or just included in your centralized home + family control center.

This is not backed up by anything besides your opinion. The main chart you should look at is the increase in number of paying customers month after month. Dropbox is much more than just storage. They also have their own infrastructure and don't depend on GAFA. They made a decision to not compete on the consumer side. I didn't like it but you cannot blame them given the large pockets of the competition and the fact th…

It makes no sense not to compete on the consumer side. The enterprise side has enormous barriers to entry, like a long sales cycle, RFPs, security audits etc. Office 365 simply offers more, plus with a familiar interface that doesn't require extra training for end-users.

Who is going to be championing Dropbox on the enterprise buyer's side? Employees that are satisfied consumers or the IT office that uses the same 4-5 vendors for everything?

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