Dropbox Reaches Key Profit Milestone

Re:Dropbox Reaches Key Profit Milestone by sunsu on Thursday April 27, 2017 @11:32AM (#14212236)

I had no idea that Dropbox had topped $1B in annualized revenue. Their new profitability gives me some measure of confidence that not all of the Unicorns are facing inevitable doom.

[ Parent | on HN ]

Re:Dropbox Reaches Key Profit Milestone by hetfeld on Thursday April 27, 2017 @11:34AM (#14212252)

I hope so too. Dropbox is the best app for syncing out there.

[ Parent | on HN ]

Re:Dropbox Reaches Key Profit Milestone by JonFish85 on Thursday April 27, 2017 @12:47PM (#14212911)

"Their new profitability gives me some measure of confidence"

"Profitability" can mean whatever you want it to mean at a given moment. In this particular case it's closer than a lot of measures, but it's still a non-GAAP profit. In general these sort of startup announcements are marketing materials.

Every company I've been at has declared themselves "profitable" -- the devil is in the details of what you choose to ignore.

[ Parent | on HN ]

Re:Dropbox Reaches Key Profit Milestone by sunsu on Thursday April 27, 2017 @12:58PM (#14213007)

I agree and that's why I used the words "some measure of confidence". However, it IS better than many other unicorn examples, such as Uber losing $800M in Q3 2016 for example.

[ Parent | on HN ]