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by smoldesu 1366 days ago
Ironically, the detractors of the Dropbox launch were ultimately right. Dropbox got their lunch eaten by less product-focused competitors, including folks like Microsoft and Apple who also knew that setting up managed NAS is a cheap-and-simple challenge. Dropbox as a company is barely on most people's radar these days.
1 comments

I would be fine owning a company valued at 2.25B with 523M revenue[^1], even if it wasn't on most people's radar.

Dropbox is the prime example of what's wrong with engineers: We cannot assess a business idea to save our lives.

For us the solution is straight forward - we can setup an FTP server, who needs an app to sync files?!

[^1]: https://www.macrotrends.net/stocks/charts/DBX/dropbox/revenu....