businessinsider had a great article on evernote here, "Evernote, the first dead unicorn", which really foreshadowed this: http://www.businessinsider.com.au/evernote-the-first-dead-un...
They are similar in that they haven't made anything note worthy in a while and their main product is really just a feature of bigger companies apps and services.
2k+ engineers on staff without notable improvements to the core user-facing product in a while.
Declining signups, declining engagement.
Nobody stepping into the permanent CEO role.
I don't see how this ends well.
But they're burning through $130M+ a quarter and growth is stalling. They don't seem to have leadership with a vision of where to take the company from here.
Twitter still enjoys some cache with celebrities, but how much longer will that hold true?
So how will they stop bleeding? Maybe they'll transform Twitter into something profitable, or maybe they'll look to the 2,000+ engineers, and ask why they need so many.
The curiosity is what becomes of the 2,000 engineers on staff. What is the break down in terms of their roles within the company, i.e. back-end, development, user-experience. When does the twitter back-end become a mature platform and you can start to wean down the number of engineers.
As an aside, I would love an app or system that will trace the origin of a story within the web eco-system. One comment from Re/Code is recounted / repackaged across the entire system.
Also, I was trying to find the original Periscope iterative development post through Google and Bing, no luck thanks to the two sites now integrating news into their search results.
1. http://recode.net/2015/09/29/twitter-plans-to-go-beyond-its-...
I think Dropbox Teams is too expensive but I'm paying it anyway because I think it's that much better. (I think that's a sign they set the prices exactly right)
Nowadays dropbox needs to convince user of other services that it is better. On paper though, dropbox provides less for more money - that's going to be difficult. I share your opinion - they are better. The reason I know is because I have been a client for years and they never let me down even in weird syncing scenario. Syncing quality is #1 feature of a cloud storage, you need to be able to trust it fully.
However, how do I convince a MS user that 1 TB from dropbox for 7.99 GBP/month is a better deal than 1 TB (actually 5 TB since it is 1 TB per user) + Office 365 + 60 Skype Minutes for 7.99 GBP/month ?
OneDrive for Business is a great example of screwed up sync. Whomever made the call to release that steaming pile should be flogged. Rumor has it they are finally fixing the broken sync client.
When the MS product guys were pretending that our network/workstation image was the reason that OneDrive sync broke, I took a laptop out of the box, put Windows 8 on it, streamed down Office ProPlus and signed in a dummy user with a small file tree. Then we wrote a script that created a text file and saved it to a directory every 3 hours. Than we left it. The client broke itself after 2-3 days with no user activity.
With Dropbox, I had a laptop in my basement that I forgot about for 3 years. I turned it on, signed into Dropbox, and it magically just worked. So sync issues. No conflicts.
It's already too late. They've shown they can't be trusted to sync files. It's ridiculous to me to even consider trusting them with my files. Dropbox actually has had a problem in the past but it was a bug they fixed immediately. They care about this so much.
If they rely on Dropbox getting syncing right to not lose "important files, photos of loved ones, ideas and important documents" then they are doing it wrong.
They should backup anyway, and only then trust Dropbox for plain syncing. Dropbox is not backup.
Actually it's because I'm considering it that I advocate this.
>How do you know you lost files?
You look for them and they can't be found. And keeping a tally and/or checksum per folder in your backup doesn't hurt either.
>Meanwhile if there's a synching problem and files get eaten by my file synching service Time Machine will happily assume those files were removed by me. One year later when I go to find some picture of my daughter I took and the file is gone you tell me what backup I go to to restore that file.
In your case it's simple, you can just go to Time Machine, as it archives all versions of the files, changed and/or deleted or not.
>You have 1 year's worth of hourly backups? I don't.
Actually with Time Machine you sort of have.
But, more essentially, you don't need "1 year's worth of hourly backups?", unless you're doing something very important and create new such files multiple times per day (e.g. if you're a business and store customer data, or a new site and you have your news database).
For stuff like "archived projects", "family pictures" or "music collection" just take incremental backups of them, and set your backup program to never delete any files during sync, but just put them in a "deleted" folder.
For stuff that changes fast, like working documents, emails and such, take backups with Time Machine (which happen in "real time"). Every few months take a full backup.
Besides network backup, never backup in just one external disk (and test your backup disks from time to time), and don't keep them in one place.
That is, if that stuff is very important to you. Some people can lose most of it, as it's mainly them hoarding digital BS.
If you're a business, OTOH, backup is PART of what you should do anyway.
I'm so reliant on this that I'm hacking together an automatic-commit scheme with git and a Linux server that syncs some important folders.
Because now Google, Microsoft and Amazon offer it at a cheaper price and better integrated with their own products.
The broader answer here is "Dropbox took a bunch of VC money, so 'just doing well enough' isn't an option for them and they have to stop at nothing to grow faster"
For me, the key part of Dropbox isn't first-party support, it's that a bajillion third-party apps have cross-platform support for it where availability of other services is rather more piecemeal.
Notes-taking apps have the competition of <div contenteditable="true"/>. There isn't much left to do for a notes-taking app: Everything else is bells and whistles.
Responsibilities should be called here. Dropbox, Evernote, Slack and GitHub are all 4 hosting a massive free service, highly replaceable with cheap alternatives, with low switching costs. I sincerely hope the VCs who invest in those companies have another plan than "Add more features forever".
Open Source projects existed a long time before GitHub, and will exist a long time after the cool kids abandoned it for whatever reason.
But the private repos and the on-site offering - the things people pay for? Fair bit of competition there.
And in a half-assed way syncing.
There was another article recently that said that files are old news and people are using Slack. Granted they are shipping files in that, but people have probably moved on to web hosted versions of documents anyway.
Switched to Dropbox and haven't had a single sync issue since.
You're right that it's a service that is ridiculously simple in what it does, but right now, I can't imagine moving my 10GB+ of data to another platform.
I'm not saying you're wrong I just haven't seen what you might be referring to hence why I asked.
I had thought that Drive was confusing, because I would "create" a Doc or a Spreadsheet in the root directory and then go back to look for it and not be able to find it. I created a Spreadsheet, and named it something starting with 'T'. This put it on the 3rd or 4th pagination request to get more files (these requests were ~1-2 seconds slow) in my root directory. But also the line height of all the files in the directory filled up so much vertical space that it felt like I was seeing most of the directory on page 1, even though it had much more content.
When I look at ~/ locally in Finder, Nautilus, etc. the line height is tight and there is no pagination. I can see everything I have access to instantly or within an immediate scroll. When I use Google Drive every file line item takes up a lot of vertical space and I have to page through results. The result is that I can't see everything and I feel as though things are missing, even though they aren't.
Its material design. It's just bad.
While installing Dropbox it just syncs the difference and done.
[1]There is a workaround but you need to think about it before reinstalling the OS (saving some user data or something).
Any Dropbox killer will let you port over your Dropbox folder to its servers.
(No idea how difficult it would be to introduce this into their system, but conceptually it's a pretty easily surmounted problem.)
Case in point: I'm a big fan of Excel and Word, it's a solid piece of software. But I haven't used it in over a year, all my stuff sits with Google Docs/Sheets. Excel won't disappear (extremely popular in finance with VBA) but for most users there's no difference and little switching costs.
Google and Amazon keep screwing with things because they have a complicated global-dominance ecosystem that they're trying to build. I don't trust them with my files. But Dropbox keeps doing what they're doing with only modest, incremental improvements (that gradually add up). As long as they keep things solid, I'll keep using and recommending them.
I'm an edge case, and the case (Linux support) doesn't bode well for DropBox.
https://news.ycombinator.com/item?id=10218915
(Note: The BusinessInsider article was a re-publication of the original on syrah.co.)
My vote is for Fab, which went from $1B to effectively $0.
While GroupOn went public, and continues to this day, just as Zynga did.
As usual, the Motley Fool's analysis is excellent: http://www.fool.com/investing/general/2015/04/07/bull-vs-bea...
I have no financial position either way, and I'm not claiming everything is rosy for GRPN but it's very far from being a "dead unicorn" and at least by my analysis the stock is pretty undervalued at the moment.