[coldtea]

>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.

[nacs]

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.