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This is not something that will happen over night. You meant to say that Gazprom was the most profitable in 2009. Exxon did $30B profit in 2010. - http://www.g

This is not something that will happen over night. You meant to say that Gazprom was the most profitable in 2009. Exxon did $30B profit in 2010. - http://www.google.com/finance?q=NYSE:XOM&fstype=ii http://www.google.com/finance?q=NYSE:XOM&fstype=ii Exxon did $30B profit on $375B revenues. Net profit margins of less than 10%. Of course we won't know until Dropbox releases their financials, but I strongly believe that they will be a bombshell when they are released. Nothing like anything we have ever witnessed. I would not be surprised if their Net Profit margins are 30% - 50%. At those rates, all it takes is for them to be doing revenues of $100B to exceed Exxon's profit take in 2010. I know it seems a bit far fetched now, but so did every other technology giant when they were in the budding phases. I think it would be foolhardy to bet against them.

sorbus 16y ago
Hmm. There are about 2 billion internet users, and Dropbox's cheapest paying plan is $99/year. Assuming 50% profit or so, and that no one buys the more expensive plan, it would take a billion paying customers to hit $100B/year, 50% of everyone with internet access. It would definitely be a gradual progression, but probably doable, especially if they branch out into other areas - though I can't think of anything obvious, other than licensing the technology to big businesses for internal stuff. Of course, they can certainly afford to experiment.
- marcamillion 16y ago
  Well there are 2 billion internet users - i.e. individuals. But each individual has multiple functions. E.g. I have a dropbox account at home, and had one for work. So did my boss, and some other coworkers. So while there are 2 billion internet users, there are many organiztions - profit, non-profit, ngo, etc - which makes the pie even bigger.

3 ms·

This is not something that will happen over night. You meant to say that Gazprom was the most profitable in 2009. Exxon did $30B profit in 2010. - http://www.g

by marcamillion 16y ago

sorbus 16y ago
Hmm. There are about 2 billion internet users, and Dropbox's cheapest paying plan is $99/year. Assuming 50% profit or so, and that no one buys the more expensive plan, it would take a billion paying customers to hit $100B/year, 50% of everyone with internet access. It would definitely be a gradual progression, but probably doable, especially if they branch out into other areas - though I can't think of anything obvious, other than licensing the technology to big businesses for internal stuff. Of course, they can certainly afford to experiment.
- marcamillion 16y ago
  Well there are 2 billion internet users - i.e. individuals. But each individual has multiple functions. E.g. I have a dropbox account at home, and had one for work. So did my boss, and some other coworkers. So while there are 2 billion internet users, there are many organiztions - profit, non-profit, ngo, etc - which makes the pie even bigger.