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by dymk
2531 days ago
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It is funny - but to add a little nuance here, it sounds like they're reinvesting tons of cash back into R&D. If they were not reinvesting as heavily, they would be cash positive. > Dropbox has demonstrated impressive growth since 2015, roughly doubling the number of paying users and revenue. Dropbox became cash-flow positive in 2016, but recorded a loss of $111 million that year after pouring money back into its product development efforts. https://qz.com/1214822/dropbox-is-filing-for-a-500-million-i... |
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