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Wow... That's like 10 instagrams ;). But honestly, when Microsoft, Apple and Google have jumped in to this same space with pretty much same offering, does this
by sytelus 13y ago
Wow... That's like 10 instagrams ;). But honestly, when Microsoft, Apple and Google have jumped in to this same space with pretty much same offering, does this makes sense to anyone? I thought they would be out of business because of this. At least 3 out of 5 big startup buyers aren't welcoming them. My only hunch is they have revenues now in $100M range and planning IPO in couple of years as exit.
- adventured 13y agoApple's product has no mass consumer appeal and will never be a threat to Dropbox. Their approach strictly limits their appeal to the Apple ecosystem. Microsoft doesn't know how to make a good product in this space. As history has shown, you can always beat Microsoft with a substantially better product (Intuit, Google, iPhone, iPad, Wikipedia, Apache, PS2, iPod, Linux etc). Google thinks the key is to force users into a bundled scenario. The flaw in their thinking is that most of the individual products in their portfolio are average at best, including their storage solution. There's no true lock-in. Which is why it hasn't killed Dropbox after years of competition (and why G+ has failed). The only threats to Dropbox are 1) they screw-up their own product; 2) there's a titanic shift in the market itself, enabling a new wave of companies and technologies to dominate 3) a new company creates a better mousetrap, as that's not coming from Google / Microsoft / Apple. Revenue is closer to $250m for 2013. http://www.forbes.com/sites/markrogowsky/2013/11/19/dropbox-makes-hundreds-of-millions-so-why-is-it-only-asking-for-an-8b-price/ http://www.forbes.com/sites/markrogowsky/2013/11/19/dropbox-...