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I'm curious to know what the plans are to keep driving revenue. Obviously very impressive numbers, but it looks like YoY top line growth looks slow: less than 1
by hemancuso 13y ago
I'm curious to know what the plans are to keep driving revenue. Obviously very impressive numbers, but it looks like YoY top line growth looks slow: less than 100% [$116->$200M+]. It leaves one scratching their head as to how Dropbox gets to something like $1B/year under its current business model and later justify something like a 20B public market cap. That would take a something billion users with roughly the same conversion rate. They would need the same base of users as Facebook, but with a huge percentage of them actually paying money, while facing intense competition by players who demonstrate they are willing to lose billions of dollars a year to compete in new markets.
One obvious answer is Dropbox for businesses, but it remains to be seen how well they actually compete in that space. Fined tunes permissions/controls. Integrations. Enterprisey things. They all become more necessary at higher price points. I wonder if Box is in a position to improve their existing sync client faster than Dropbox is to add all those features/controls yet keep their core simplicity.
- slouch 13y agoI haven't started paying, yet. Last year, I bought an HTC phone that gave me a bunch of space (20 gigs?) free for two years. I have 27.5gb and I am using 5.75 of it today. My account will either drop back down to 7.5 or I'll start paying to keep it. At my current rate of usage, I'll certainly be using some of the free space by then.