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Per Google, Dropbox had a net profit margin of 17% last quarter. Are they really hurting that badly that they have to lay off 20% of the company?
by GenerWork 2y ago
Per Google, Dropbox had a net profit margin of 17% last quarter. Are they really hurting that badly that they have to lay off 20% of the company?
- throwaway2037 2y agoFor a software services company, that margin is pretty low.
- tschellenbach 2y agoGoogle rule of 40
- GenerWork 2y agoI did, and found that it's supposed to apply to early stage startups. Dropbox isn't an early stage startup anymore. At what point will investors have to be content with lower returns that are still in double digits and better than the vast majority of companies?