171–180 of 404 posts
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well, there's less chance of advertisements, and it gets to the point rather quickly i am not an economist or lawyer and prefer it i don't have to worry about a writer/editor injecting personal opinions that i could care less about
> and it gets to the point rather quickly In a mere 160 pages. Unless you know what to look for it most certainly does not get to the point rather quickly.
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But renters don't have market share. If you're Amazon (Dropbox), you have a strong position to negotiate better shipping (network) rates from FedEx and UPS (ISPs).
Depending on how many companies you negotiate with (monopoly vs. monopsony).
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SNAP's infrastructure story in the S-1 filing was a mess. They had 2016 revenue of $404M with a cost of revenue of $451M. A 5 year, $2 billion dollar vendor lock-in to Google. They basically admitted that Google has them completely by the balls and it costs them $3 per user per year to keep the servers on. Both of these independently are very very bad, together it's a disaster. Facebook was at $1/user/year in their S…
Note that the modern gospel is any net business dont give a crap about costs, only growth and the ability to raise money. This has been explicity stated by the saas business ‘gurus’ So even at 3$ per user that goes lower pretty quickly. Plus they get alliance w/goog. Aws is a force but if i had a choice id have goog as a best friend over amazon. Preferably id build my own data center and keep those assets.
If by modern, you mean 2015. Things definitely changed by 2017.
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would like to see more evidence and proof those numbers are credible...
Dropbox's numbers are in their S1 filing and Box's in their financials already linked. Are you questioning the legitimacy of these filings?
I'm not surprised to see net neutrality mentioned as a risk factor. Our platform depends on the quality of our users’ access to the internet. Certain features of our platform require significant bandwidth and fidelity to work effectively. Internet access is frequently provided by companies that have significant market power that could take actions that degrade, disrupt or increase the cost of user access to our platf…
They could also call out the flip side though, right? Dropbox could negotiate deals with the ISPs to "box out" smaller competitors. Maybe it costs them upfront but it also solidifies them in the market.
Just curious - how's a raw SEC filing preferable to a reliable article summarizing it in non-legalese, providing context with the competition, etc. Other than lawyers and economists, does anyone ACTUALLY prefer this raw filing? EDIT: Adding my preferred link: https://www.cnbc.com/2018/02/23/dropbox-ipo-form-s-1-prospec...
I was really excited to see they cut their infra costs while supporting more revenue (bottom of page 71), that bodes very well for their future prospects.
Commentary on valuation: 1. Box, a public company, is currently valued at $3.17B. It had revenues of ~$480M with a net loss of $150M in 2017 [1] 2. In contrast, Dropbox had revenues of $1.11B with a net loss of $111M in 2017. The higher revenues, and lower losses bode well for Dropbox. Objectively, that would value Dropbox in the $8B-$9B range, $1B-$2B short of it's previous $10B private valuation [1]: https://goo.gl…
Does this mean that investors in their $10B round lost money? Is this common?
Just curious - how's a raw SEC filing preferable to a reliable article summarizing it in non-legalese, providing context with the competition, etc. Other than lawyers and economists, does anyone ACTUALLY prefer this raw filing? EDIT: Adding my preferred link: https://www.cnbc.com/2018/02/23/dropbox-ipo-form-s-1-prospec...
it contains the "source" facts with limited embellishment. there are all kinds of regulations that essentially result in SEC filings being fairly standardized, limited-BS documents. you dont have to worry about distilling commentary and opinion with fact, generally
for commentary and context, equity research reports are generally helpful as long as you're aware of the inherent bias. articles online can also be helpful, but generally the quality varies, and you have to spend commensurately more time fact checking
once you learn how to ctrl-f the right terms and understand the general skeleton of each type of report, it is actually pretty easy to find the relevant information
Congratulations to them. I don't really understand why anyone would use dropbox given the multitude of different offerings out there. I'm curious if anyone who uses them can give me a take on why I should use them. I currently use Google Drive + Google Docs and am very satisfied. I pay for 1 TB of storage for personal work / storage.
Congrats to Dropbox on achieving this milestone!