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This is just as meaningless as Snapchat having billions in valuation. I just dont get how can SC be valued so much when all it does is move pictures around.
by kumarvvr 9y ago
This is just as meaningless as Snapchat having billions in valuation.
I just dont get how can SC be valued so much when all it does is move pictures around.
- darawk 9y agoNot to defend Snapchat's reputation or anything...but all Dropbox does is 'store files'. Saying snapchat just 'moves pictures' around and therefore shouldn't be valued so highly kind of misses the point. That being said, there are other reasons Snapchat probably shouldn't be valued so highly.
- kumarvvr 9y agoDropbox does a lot more than just store files. It provides a valuable abstraction over universal storage, through its integration with various services. For example, integration with MS Office to provide a single virtual drive to save my work to a single location from any PC i use. DB adds tangible value.
- darawk 9y agoAnd snapchat provides a valuable abstraction over picture moving that many people use. Does something need to integrate with MS office in order to be useful?
- aaronbrethorst 9y agoNo but integrating with MS Office increases the likelihood that it’s valuable. Utility != value. Always ask yourself: who is my user? Am I providing them with a painkiller or a vitamin?
- dokem 9y agoDropbox's value is equally dubious.
- geezerjay 9y ago> Dropbox's value is equally dubious. That's a very short-sighted value. Even if you don't believe that there is no value in providing a very convenient and easy-to-use file hosting and file-sharing service that even supports collaboration, just having access to so much personal information is already quite valuable. And people actually pay for this, to the point that Dropbox is profitable as it is.
- wellboy 9y agoLike its $1B revenue you mean?
- deleted 9y ago[deleted]
- wellboy 9y agoAnd facebook, just like snapchat also only moves pictures, text and news around then?