[raw_anon_1111]

Well seeing how Dropbox is doing now, Steve Jobs was right - it isn’t a product, it’s a feature. For the same price of 2TB of storage on Dropbox you can get the same amount on Google or OneDrive with a full office suite.

People love to quote Dropbox ignoring all of the YC companies that are zombies or outright failed. Just looking at the ones that have gone public.

https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-...

[gspetr]

Public...? Oh, you mean the ones meant to be left holding the bag.

When there's real money to be made investing in YC is off limits to the public: https://jaredheyman.medium.com/on-the-176-annual-return-of-a...

[raw_anon_1111]

I am not saying the companies in aggregate don’t lead to successful outcomes for VCs. I am saying claiming Dropbox is a shining example of a “successful” company that HN was wrong about long term doesn’t jibe with reality.

They also didn’t have the massive fixed cost outlays nor did they have negative unit economics that OpenAI has.