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How two strangers set up Dropbox and made billions

bbc.co.uk

81–90 of 133 posts

Re: How two strangers set up Dropbox and made billions

#81
post #74

How many schools allow you to recontinue your education again if you drop out to start a company but it fails? Seems like if I had this option I would have dropped out at least once.

Some remote universities, I guess. I'm studying a MCompSci for 7 years now and it only costs me 11€ when I don't do any courses in a semester. I got all courses done, just need time for the thesis, hehe

Is your university remote? Can you provide a link by chance?

Re: How two strangers set up Dropbox and made billions

#83
post #54

Earlier quoted context omitted.

Just curious, what do you mean by growth hacking in this case?

Can't speak for the parent comment. However I can relate. Today I installed Dropbox for my grandfather and their default entry-level free account comes with 2GB, but as soon as you create your account and install the software, they offer to give you 25GB of free space if you add 1 file to your account and you install Dropbox on your mobile. Not sure if that helps them artificially boost their numbers (by claiming mor…

I found it an interesting approach to an incentivised tutorial of sorts it's very easy to install Dropbox on your desktop and just forget that it's there. By offering you free storage space by introducing you to features, such as their mobile app, sharing, etc, they're making you curious and interested in what else they have to offer you.

You could call it growth hacking I guess. I think it's an interesting alternative to idk, a weekly "did you know that?" e-mail (e.g. Evernote) or a tooltips-driven tutorial, or Clippy.

Re: How two strangers set up Dropbox and made billions

#84
post #6

When Google Drive and iCloud and One Drive all cropped up, copying the same service with the addition of deeper integration into different devices and software, I was worried Dropbox would be unable to compete. But they've hung in there, and I remain a happy customer.

It's a texbook case of:

- It's good enough

- It just works

It solves the problem of sharing files across different devices and does it with no fuss.

I have tried alternatives such as Google Drive and Onedrive and changing terms (looking at you Microsoft), incompatibilities, clunky interfaces always made me drop them.

Re: How two strangers set up Dropbox and made billions

#85

I noticed the word "profit" doesn't appear anywhere in the article. Will Dropbox ever make money?

Exactly. It kills me that the definition of a successful company is rarely - being able to deliver a product profitably.

They provided a spreadsheet on their investor relations page: https://dropbox.gcs-web.com/static-files/105a910a-1026-4056-...

Losses last three years are: ~300m, ~200m, ~100m.

They are going to be profitable by 2020 and their margin is growing, so I don't get this negativity.

Re: How two strangers set up Dropbox and made billions

#86
post #71

> ...as he sat down in his seat, Mr Houston realised that he had forgotten the memory stick that contained all the files. "I was so frustrated because I felt like this kept happening," he says. "I never wanted to have the problem again, so having nothing else to do... I started writing some code [to find a solution], having no idea what it would become." What Mr Houston came up with was the idea for Dropbox - remote…

When Dropbox was first demonstrated on HN, people made very similar comments.

[1] https://news.ycombinator.com/item?id=8863

Re: How two strangers set up Dropbox and made billions

#87
post #69

Earlier quoted context omitted.

And that’s exactly why they’re billionaires and you probably aren’t. It isn’t about functionality, it’s about ease of use. It’s the same argument used when MS-DOS was being replaced by the GUI. Explain FTP to your Aunt Edna. Get FTP working where everything on all devices is in sync automatically. Comment on a file via FTP. Send a link to a file they can consume on a mobile device — including playing audio or video w…

Oh boy, someone believes in the startup myth. A massive part of the success of such startups are connections, connections, connections. The product itself doesn't matter that much, considering all the pivoting. Nor does making a profit, considering all the startups still burning VC money. Yes, there is certainly an amount of skill necessary, but the scrappy startup that suceeds against all odds is a fairytale. Luck,…

Except of course, that heard about DRopbox when it first launched, tried the free plan, thought 'this is a really cool product' and introduced it to all my friends. Dropbox hasn't pivoted much, and I knew nothing about their connections.

It was a scrappy start up with a good product.

Re: How two strangers set up Dropbox and made billions

#88

Did anyone ever figure out what came of bringing a Bush cabinet member on board? Contract for mining data for NSA/FBI?

I'd forgotten all about this ...

I'm surprised she's still there: https://www.dropbox.com/about

and this page still exists: http://www.drop-dropbox.com

I have to say, I've not heard any mention of her in relation to dropbox since she was appointed tho'.

Re: How two strangers set up Dropbox and made billions

#89
post #40

Earlier quoted context omitted.

That's probably done to prevent people from creating many free accounts and sharing folders with each other to simulate having more storage space.

I have a big archive of family photos (130 GB and growing) that I’d like to share with my wife in read-only mode. She only needs Dropbox for a bunch of documents, so paying an extra €10 per month is not something we can do. Dropbox is a fairly expensive service. I’ve used it for years however I can no longer defend my choice. Extended versioning is gone. Expiring sharing links are gone from Plus, so I have to pay €20…

Maybe a good idea to comb through your photo archive and delete the bad shots. I do that once a month and it helps a lot.

Re: How two strangers set up Dropbox and made billions

#90
post #77
post #76

Earlier quoted context omitted.

What is wrong about it? Would you prefer to have 2 GB shared quota, or separate quota of 1 GB each? With shared quota you have more flexibility as to what service you prefer to use more.

Email is a critical service. Loosing emails because a misclick or uploaded a too big of file is not acceptable UX.

In that case, aren't you arguing that quotas shouldn't be placed on email at all? It's not like they instantly block receipt of mail if you go over the quota, you have time to fix it, which is much better than many mail services.
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