4 ms·
I'm surprised this was (according to the TC article, so grain of sand) Dropbox's first acquisition — for their valuation and size it seems like they'd have star
by hinathan 15y ago
I'm surprised this was (according to the TC article, so grain of sand) Dropbox's first acquisition — for their valuation and size it seems like they'd have started that ball rolling a year ago or so.
- modoc 15y agoWhy? Having money doesn't mean you should buy other companies, especially if you're DropBox and are kicking ass in your niche and not trying to branch out in a million directions. I've seen SO many acquisitions go wrong for both parties.
- jason_shah 15y agoI was also surprised, there's a few possible explanations/related observations: 1) It doesn't seem like players in this space make very many acquisitions. Has Box? 2) Dropbox appears to do a lot with not very many people. Recently I remember them being just 70 people. Now their about page suggests around 103 (https://www.dropbox.com/about https://www.dropbox.com/about) not including the Cove's team of about 5. 3) Emphasis on keeping the culture a certain way. I don't know much about Drew/Arash's leadership but maybe they're hyper focused on maintaining certain cultural elements that most acquisitions would probably dilute.