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> pretty fair earnings multiple at the moment (~4X). Dropbox's EBIDTA is 14.67, but most Software Companies tend to have an EBIDTA of 28. Dropbox is significa
by alephnerd 2y ago
> pretty fair earnings multiple at the moment (~4X).
Dropbox's EBIDTA is 14.67, but most Software Companies tend to have an EBIDTA of 28.
Dropbox is significantly underperforming compared to their peers.
Furthermore, cloud file storage has become commodified and Dropbox missed the DLP, DSPM, and AI Search train.
> Have we reached a point where tech companies have been around long enough that they can / should enter a sort of maintenance mode
Absolutely not.
If you do not innovate as a software company, you risk becoming commodified.
And if BUs within a company fails to execute on their innovation or GTM strategy, they will be let go.