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> Have an actual profitable syncing business Source? Everything I've seen says Dropbox isn't even close to being "profitable" -- the vast majority of their cus
by nacs 11y ago
> Have an actual profitable syncing business
Source? Everything I've seen says Dropbox isn't even close to being "profitable" -- the vast majority of their customers don't pay a dime according to their CEO.
- coldtea 11y ago>the vast majority of their customers don't pay a dime according to their CEO. That doesn't matter as long as those who do pay subsidy the others. From what they said, they have 100,000+ paying businesses and smart ways (like hash-based de-duplication) for minimizing their storage costs. Their CEO also said that they have enough cash to not need new financing.
- nacs 11y agoYes I've seen the 100K estimate on paying users but that isn't that significant considering how many millions of free users they have (and how many full-time employees they need to pay for). And "not need new financing" is no indication of profitability either.