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the issue in the start-up / tech world is that things move very fast. What's to stop Google drive from crushing dropbox? Companies need to balance growth and pr

by Xyik 10y ago

the issue in the start-up / tech world is that things move very fast. What's to stop Google drive from crushing dropbox? Companies need to balance growth and profitability at some point, but it makes sense to focus on growth first.

coldtea 10y ago
From my experience, the usual way such tech companies disappear is not through being "merely" cash-positive, but by getting acquired for mucho dinero and then never heard of again. Meanwhile, thousands of smaller tech companies and services exist for decades and reliably serve their customers and make money.
- mattmanser 10y ago
  Lotus Notes! Woo hoo!
  - toyg 10y ago
    to call IBM a "smaller tech company" is a bit of a stretch.
    - TheSmiddy 10y ago
      In his defence it feels like lotus notes development has had at most 2 FTE allocated to it for the past decade.
- harryh 10y ago
  Smaller tech companies that exist for decades are generally serving a narrower niche than all purpose file sharing. To a large degree the product you are making informs what sort of growth strategy you must pursue.
tdkl 10y ago
> What's to stop Google drive from crushing dropbox? Googles incompetence to stick with a product, not a tech demo.