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You act like Dropbox is successful when they are not. A company paying other companies to advertise and push their products and burning through cash to appear s

You act like Dropbox is successful when they are not. A company paying other companies to advertise and push their products and burning through cash to appear successful is not success.

gjvc 5y ago
https://dropbox.gcs-web.com/news-releases/news-release-details/dropbox-announces-third-quarter-fiscal-2021-results https://dropbox.gcs-web.com/news-releases/news-release-detai... They appear to be in the black.
- encryptluks2 5y ago
  Nothing about that indicates that they are making more than they spend. Look at their assets vs liabilities. Their negative keeps increasing.
  - gzer0 5y ago
    The liabilities increased significantly only because Dropbox (as with nearly every other company in the United States) wanted to take advantage of the 0% interest rates that the federal reserve has kept. 1,369.3 (bln) Convertible senior notes, net, non-current Who wouldn't want to borrow $1.3 billion USD interest free or close to it? We need to take a close look and try to understand these numbers instead of just seeing "negative" = "bad"; more often than not it much more nuanced than that.
    - encryptluks2 5y ago
      Sounds like a terrible idea right now. I think they are only popular here because of their association with YC. I honestly find Dropbox to be terrible and overpriced.
      - Sohcahtoa82 5y ago
        For simply keeping files synced between two computers, I thought Dropbox was the best. Microsoft OneDrive is fuckin' awful in how long it takes for a file on one system to be synced to another, even when both systems are online at the same time. It also has a habit of completely pausing syncing entirely if it reaches a file it can't read (such as a lock file). Google Drive works well, but I find its desktop client to be resource-heavy, especially on startup. I like its integration with my Android, though.
tehbeard 5y ago
Dropbox was successful. Its current financial state is more a case of bigger vendors bundling a good enough alternative with their products AND dropbox not adding much beyond "easy to use"; than HN insight of "lol just rsync/bash/perl instead" being right all along.

You act like Dropbox is successful when they are not. A company paying other companies to advertise and push their products and burning through cash to appear successful is not success.

gjvc 5y ago

https://dropbox.gcs-web.com/news-releases/news-release-details/dropbox-announces-third-quarter-fiscal-2021-results https://dropbox.gcs-web.com/news-releases/news-release-detai... They appear to be in the black.

encryptluks2 5y ago
Nothing about that indicates that they are making more than they spend. Look at their assets vs liabilities. Their negative keeps increasing.
- gzer0 5y ago
  The liabilities increased significantly only because Dropbox (as with nearly every other company in the United States) wanted to take advantage of the 0% interest rates that the federal reserve has kept. 1,369.3 (bln) Convertible senior notes, net, non-current Who wouldn't want to borrow $1.3 billion USD interest free or close to it? We need to take a close look and try to understand these numbers instead of just seeing "negative" = "bad"; more often than not it much more nuanced than that.
  - encryptluks2 5y ago
    Sounds like a terrible idea right now. I think they are only popular here because of their association with YC. I honestly find Dropbox to be terrible and overpriced.
    - Sohcahtoa82 5y ago
      For simply keeping files synced between two computers, I thought Dropbox was the best. Microsoft OneDrive is fuckin' awful in how long it takes for a file on one system to be synced to another, even when both systems are online at the same time. It also has a habit of completely pausing syncing entirely if it reaches a file it can't read (such as a lock file). Google Drive works well, but I find its desktop client to be resource-heavy, especially on startup. I like its integration with my Android, though.

tehbeard 5y ago

Dropbox was successful. Its current financial state is more a case of bigger vendors bundling a good enough alternative with their products AND dropbox not adding much beyond "easy to use"; than HN insight of "lol just rsync/bash/perl instead" being right all along.