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A comment on Dropbox May Not Be LeBron James, but Is Still in the Game. Parent comment

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.

[ Parent | on HN ]
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.

[ Parent | on HN ]