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0 pointsmarcamillion15y ago0 comments

Oh absolutely. Dropbox is reaching the point where now my father and mother use it. It hasn't reached Facebook levels yet (by that I mean, my grandmother ;)), but it is getting there.

But with each incremental user, Dropbox's value increases in an e^x fashion.

For more on why I think so, here is a more detailed breakdown: http://marcgayle.com/how-dropbox-is-printing-money

There is no reason that Dropbox's growth will slow any time soon. It is a fabulous product, and has the referral system built-in.

It's the closest elixir to magic I have seen in recent times.

0 comments

5 comments · 3 top-level

blhack15y ago· 1 in thread

I don't think your parents are typical, honestly.

I bet if I surveyed my office, nobody here would have any clue what it was. Honestly, the only reason I use dropbox is that it makes getting photos off of my iPhone easy.

marcamillionOP15y ago

Well they aren't especially tech-savvy, but I share files with them so they have it installed because of me.

My point is that at the rate at which it is growing, it literally is just a matter of time before all your coworkers and parents are using it.

It provides a peace of mind knowing that you can easily access your files - that is difficult to find elsewhere.

As technology continues to proliferate and more lives move online, people will likely use dropbox.

The more people that use Dropbox, is the more profitable they will be.

That is to say, their profit margins increase with the number of users they use - and that's not just because their unit costs decrease.

It's much more than that.

notahacker15y ago· 1 in thread

Oil's pretty magical too!

Seriously, Dropbox need >200 million users paying $9.99/month to match the top oil companies even if their costs per user were zero. That's more people paying for Dropbox than using spectacularly good mature free services like Gmail.

Not that I'd be too downhearted by Dropbox's reported $100 million revenues if I held their stock.

marcamillionOP15y ago

Ah hah! This is why it is so brilliant. It's easy to assume that's the only way they can reach those figures.

They have already started to diversify their revenue lines: https://www.dropbox.com/team_create

$795/year for a team of 5.

Besides, in a day and age when a social network has 650M users, I don't see why it is conceivable that in 5 - 10 years Dropbox could have 200M paying users.

Apple just announced that it has ~200M credit cards on file. The largest stash anywhere.

In 5 - 10 years, that will look small in comparison to everybody else.

The more internet connected devices come out, is the more Dropbox's value proposition increases.

olivercameron15y ago

I hope it does like you say, it's an awesome product.

j / k navigate · click thread line to collapse

0 comments

5 comments · 3 top-level

blhack15y ago· 1 in thread

I don't think your parents are typical, honestly.

I bet if I surveyed my office, nobody here would have any clue what it was. Honestly, the only reason I use dropbox is that it makes getting photos off of my iPhone easy.

marcamillionOP15y ago

Well they aren't especially tech-savvy, but I share files with them so they have it installed because of me.

My point is that at the rate at which it is growing, it literally is just a matter of time before all your coworkers and parents are using it.

It provides a peace of mind knowing that you can easily access your files - that is difficult to find elsewhere.

As technology continues to proliferate and more lives move online, people will likely use dropbox.

The more people that use Dropbox, is the more profitable they will be.

That is to say, their profit margins increase with the number of users they use - and that's not just because their unit costs decrease.

It's much more than that.

notahacker15y ago· 1 in thread

Oil's pretty magical too!

Not that I'd be too downhearted by Dropbox's reported $100 million revenues if I held their stock.

marcamillionOP15y ago

Ah hah! This is why it is so brilliant. It's easy to assume that's the only way they can reach those figures.

They have already started to diversify their revenue lines: https://www.dropbox.com/team_create

$795/year for a team of 5.

Besides, in a day and age when a social network has 650M users, I don't see why it is conceivable that in 5 - 10 years Dropbox could have 200M paying users.

Apple just announced that it has ~200M credit cards on file. The largest stash anywhere.

In 5 - 10 years, that will look small in comparison to everybody else.

The more internet connected devices come out, is the more Dropbox's value proposition increases.

olivercameron15y ago

I hope it does like you say, it's an awesome product.

j / k navigate · click thread line to collapse