Re:Dropbox May Not Be LeBron James, but Is Still in the Game
by coldtea on Thursday February 04, 2016 @09:11AM
(#11033967)
>the vast majority of their customers don't pay a dime according to their CEO.
That doesn't matter as long as those who do pay subsidy the others. From what they said, they have 100,000+ paying businesses and smart ways (like hash-based de-duplication) for minimizing their storage costs.
Their CEO also said that they have enough cash to not need new financing.
Re:Dropbox May Not Be LeBron James, but Is Still in the Game
by nacs on Thursday February 04, 2016 @09:50AM
(#11034210)
Yes I've seen the 100K estimate on paying users but that isn't that significant considering how many millions of free users they have (and how many full-time employees they need to pay for).
And "not need new financing" is no indication of profitability either.
Source? Everything I've seen says Dropbox isn't even close to being "profitable" -- the vast majority of their customers don't pay a dime according to their CEO.