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Nothing about that indicates that they are making more than they spend. Look at their assets vs liabilities. Their negative keeps increasing.
by 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 agoThe 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 agoSounds 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 agoFor 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.