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Out of curiosity, does anyone have any info on if Dropbox is profitable? I personally don't know anyone who actually pays for more space. Most people that use
by cop359 15y ago
Out of curiosity, does anyone have any info on if Dropbox is profitable?
I personally don't know anyone who actually pays for more space. Most people that use it are not tech savy and I don't think would take the leap to start paying monthly for virtual space. If I had to guesstimate, I'd say maybe 2% of users pay; but that's purely on gut feeling.
I feel like their business model is like Youtube: ie. provide massive amounts of storage and make very little money per GB stored (last I heard Google isn't making much money off of that). It's the "new" traffic + users = success. Not profits - costs = success.
The fact that they didn't sell themselves to Apple seems to suggest that they have higher hopes... Or maybe they're waiting out for a higher bid.
- sskates 15y agoYes, Dropbox is profitable. I believe their numbers are particularly high for a freemium model, more than 2%. They've said quite a bit that don't plan on getting acquired, all signs point to them going public.