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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

#431
post #117

Earlier quoted context omitted.

I disagree, mega-corps aren't the problem. As Steve Jobs famously said: they're a feature, not a product. Even if you eliminate Microsoft, Google, AND Amazon from the discussion, the list of alternatives is endless. Synology and QNAP both have a "free" sync and share client. WD, Seagate, Samsung, Apple, not to mention the open-source options out there. Do the big 3 put MORE pressure on Dropbox, sure. But they never p…

Why can't a good feature survive on the market?

I think features are often products for other companies, not for end-users.

E.g., digital displays are a "feature, not a product". End-users get value out of digital displays on their thermostats, microwaves, etc., but no end-user buys a digital display themselves, thermostat and microwave manufactures buy them.

I think the problem with Dropbox is that it's become too easy for product companies to build data syncing themselves.

Re: Dropbox to cut 11% of its global workforce

#432
post #371

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…

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.

Re: Dropbox to cut 11% of its global workforce

#433

Earlier quoted context omitted.

> Dropbox is a feature not a product. When you are against FAANG every product is just a feature.

Maybe only if you constantly update "FAANG" such that every tech company who actually succeeds in creating a competitive or impactful product just gets their letter added to "FAANG," and all the companies that fail to make a huge impact automatically get considered "only features." We already see that a lot. Some people wedge Microsoft into the acronym and/or leave out other letters. And Netflix's product on the face…

I thought FAANG was originally shorthand for companies that could pay far above median via RSUs since their stock prices were expected to skyrocket, with little downside, so the RSUs were as good as cash. And why other companies couldn't offer comparable pay. And nowadays it still refers to companies whose publicly trade stock prices continue to grow so much that it makes the stock portion of the compensation very lucrative, which include Microsoft.

>And Netflix's product on the face of it is certainly what we would consider a feature for most big software companies

Netflix's product is the opposite of a feature. A feature is reproducible, which Netflix's media is not, and they are the only place to get it.

Re: Dropbox to cut 11% of its global workforce

#434

Earlier quoted context omitted.

The problem is that maybe Steve Jobs was right after all and Dropbox is a feature not a product. Dropbox file syncing is best in class but for the vast majority of users that is probably not the most important thing for them. Most people won't run into the hard edge cases that Dropbox has solved better than the others. And something like Google Drive derives it's value from he fact that is deeply integrated into GSui…

> 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…

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 Nero Disk Burner, over time this became expected functionality of the operating system. Consumers demands for base software change over time - Task managers used to be a product you bought for your OS, now they are just a feature of your OS.

So what do Dropbox offer, I would say it is “seamless file syncing”, which meets a broader consumer goal of “my changes are synchronised across my team and devices”. I think the issue is that as time goes on, this is becoming a standard consumer expectation of applications.

Applications like Google Docs and Figma have actually decided that it’s better if they handle the sync rather than Dropbox. Just like windows was better at task management, they are better at synchronising their own files. It means they can even offer things like collaborative editing!

Secondly, as time moves on, the base expectation for an OS might move to ‘all my files are synchronised’ - and if that’s the case, what is the role for Dropbox in a world where customers just expect that as standard? We used to have file managers as their own purchased products and then they became standard OS features. Why should a cloud file manager or sync service be fundamentally different in a cloud-first world? Online sync might be the new windows file explorer. Take iCloud for example - that’s just a feature fully baked into OSX.

So what does this mean for Dropbox? Well what it offers over time might just become what people expect other software or their operating system to do for them - And I think this is what Jobs was predicting. Why do I have to get something else to sync the files on my computer, surely this is an operating system responsibility?

So then the Dropbox space becomes - “cross operating system syncing of files that don’t have a native cloud sync process”. People still buy Nero Disk Burner... it’s just their market isn’t what it used to be.

Re: Dropbox to cut 11% of its global workforce

#435

Earlier quoted context omitted.

I actually just moved all my stuff from Dropbox to B2 buckets. My December bill was like $0.09

I'm interested in moving off Dropbox in the same way, and B2 sounds interesting. Is there an app comparable to Dropbox working with B2, or did you have to build that app yourself?

I used RClone to sync to B2. They've got an iPhone app that you can download to browse + download from the bucket, else the website itself.

There might be further reasons for it, but I mostly use it as an offsite backup that my wife could upload to -- so usability was a plus -- but not worth that kind of premium.

Re: Dropbox to cut 11% of its global workforce

#436

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…

Dropbox is only a "failure" if you require continuous growth. Let's pause for a moment and think: why do we require that? I know, markets, etc, but Dropbox could be a pretty good medium-sized business and be just fine.

Well, another way to look at it is that Dropbox is a failure because instead of doing one thing right and optimizing the heck out of it, it tries to do many things, most of them badly, in the name of growth.

I hope somebody will start a Dropbox competitor as a bootstrapper, with a long-term outlook, no VC funding, and no crazy growth targets. Just do file sync right without eating so much CPU and battery, and without pestering me with useless add-ons, and you'll have my money.

Re: Dropbox to cut 11% of its global workforce

#437
post #232

Earlier quoted context omitted.

In the near future, storage will be a home appliance, with networking and command-and-control. As simple to use as a microwave, unlimited storage with service plans similar to changing water filters.

Is this sarcasm?

Sounds reasonable to me. We already have homes with outlandish smart stuff (washers and dryers, I mean really!). If you have a fridge to store your food and a closet to store your clothes, why not a personal data storage unit?

Re: Dropbox to cut 11% of its global workforce

#438
I've been saying this over and over this year. Here's where I feel Dropbox has missed the mark:

Dropbox understood long ago that it wasn't a document sync company, but a work collaboration company.

It's unbelievable that a company of this size has failed to create popular work collaboration tools for chat (Slack), video conferencing (Slack), document creation (Notion) and design (Figma).

Re: Dropbox to cut 11% of its global workforce

#439
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.

>If that doesn't plainly show that big tech has gotten too big, I don't know what will.

Or...it could be free markets don't work? Why blame big tech when this same cycle has proven itself out over way too many historical economic eras.

Re: Dropbox to cut 11% of its global workforce

#440
post #401

Earlier quoted context omitted.

Cloudamo. 100GB. I was managing something like 9.2GB on my Dropbox, so it'll be a big jump. They say you can upgrade storage space but I don't know how the pricing works for that.

Thanks. I checked, and it costs $15/year per additional 100 GB. Hence it reaches Dropbox’s $120 at 720 GB. Of course, you also get a managed NextBox instance for that price.

Thanks for sharing what you found!
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