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I had no idea that Dropbox had topped $1B in annualized revenue. Their new profitability gives me some measure of confidence that not all of the Unicorns are fa
by sunsu 9y ago
I had no idea that Dropbox had topped $1B in annualized revenue. Their new profitability gives me some measure of confidence that not all of the Unicorns are facing inevitable doom.
- hetfeld 9y agoI hope so too. Dropbox is the best app for syncing out there.
- JonFish85 9y ago"Their new profitability gives me some measure of confidence" "Profitability" can mean whatever you want it to mean at a given moment. In this particular case it's closer than a lot of measures, but it's still a non-GAAP profit. In general these sort of startup announcements are marketing materials. Every company I've been at has declared themselves "profitable" -- the devil is in the details of what you choose to ignore.
- sunsu 9y agoI agree and that's why I used the words "some measure of confidence". However, it IS better than many other unicorn examples, such as Uber losing $800M in Q3 2016 for example.