Dropbox Raises $250M In Funding, Boasts 45 Million Users

I'm guessing the founders took a decent chunk off the table...

Of course, now the question is: what are they going to do with this $250M? The only new feature that has really come out of Dropbox recently is the API, and even that has been in development for some time.

A new datacenter.

As a paying Dropbox user, one of the things I most appreciate about them is how they are slow and cautious about rolling out new features, placing more importance on keeping the software stable, reliable, and reasonably fast.

I also use Evernote, which is a stark contrast. They roll out new features so quickly that it usually has many bugs and I have to learn a new interface ever year. I don't trust Evernote with anything critical (and I don't pay them) as a result. Just miscellaneous notes (To be fair, the Windows client finally seems to be stable and without any more glaring bugs).

One simple thing they could do with the $250m is to simply scale the business. They have had the same price structure in place from the start and are perceived as somewhat expensive at this point as competitors continue to lower prices. Lowering Dropbox prices will attract more paying customers which I'm guessing could be economical if they were 5-10x their current size.

I actually think Dropbox has a very sexy business model.

It's the Silicon Valley darling with the least amount of flaws in the business model, imo.

Too many others need to police their users to take their cut, e.g. AirBnb.