Dropbox: The hottest startup you've never heard of
tech.fortune.cnn.com
tech.fortune.cnn.com
With this line they are streets ahead of most pure tech sites in terms of accuracy.
Any way I try to define it(other than how CNN puts it) I end up leaving out a huge chunk of cos that also claim to be into cloud computing. And I am not exCtly sure if anyone is in a position or authority to tell them "no you've got nothing to do with the cloud".
When I was studying network engineering, "the cloud" used to encompass the broader network environment that INCLUDED the Internet as an extension of your enterprise infrastructure. Now? It's a hyperbolic, singular phrase that is limited to using the internet as an extension of your operating system without fully explaining or at least detailing for the end user why it matters.
Especially in the case of those god.awful Microsoft commercials. In their case, the way it's presented, the cloud is nothing less synonymous with social networking. Change your Facebook status from Windows? That's the cloud. Upload a picture to Flickr? That's the cloud. It's no better than that phase of 'web 2.0' that was nothing more than superficial design elements that included shiny buttons, dropping vowels and slapping the term 'beta' on everything. The web is cyclical and this is the latest cycle.
While that in and of itself isn't BAD per se, it's a phrase that's come synonymous with "rockstar" and "ninja" when talking about hiring developers. A total and complete non sequitur.
And secondly, like it or not, it is nothing new - not even a new concept. See e.g. grid computing and what Foster et al. describe as "utility computing" in their vision; it makes cloud computing look more like a sub-category.
I have the same feeling about "web 2.0" - it was merely "normal people" catching up with the tech savvy crowd on a large scale.
http://www.forbes.com/forbes/2010/0628/technology-file-shari...
Of course it is. My bigger surprise is that it doesn't feature what I now think of as the ultimate Dropbox evangelising line: "It's a folder. That syncs".
The response I get from users is consistently that of complete astonishment. Registering for and installing Dropbox is, for many people, a more straight forward process than getting file sharing working. Dropbox scratches a very common itch.
Files still first need to be transfered to the cloud first before you can sync them over LAN.
At least it was like this the last time I have looked at it (a few months ago).
With logic to determine which machines are closest (in bandwidth)
So that if I have my 5+ machines at home (desktops, laptops and phones, which all have the client on them) - they all see that they are on the same subnet and sync very fast between each other.
Then update the cloud at the same time - in the same fashion... chop all the changes up amongst the machines. (sure, I still have a single pipe via my cable modem - but this would be helpful when I am on work lan too...)
EDIT: it would be great to see an added layer of service on Dropbox such as the old Hamachi personal VPN services...
Eventually - Ill be able to have a completely distributed, virtualized personal network across any machine I have an account...
http://www.winsupersite.com/article/product-review/how-to-li...
But the tech is interesting.
For LAN use, cloud (external) storage isn't even needed though.
With Windows 7, I need to connect to a network, customise my security settings so that files can be shared, and even then I need to go into advanced permissions and add a user called 'Everyone' to every folder I share, just so that other people can access them. Sharing on Windows in its current format is unaccessible and difficult.
(Maybe I'm doing something wrong, but I'm very computer literate and it's a fight every time I want to share something, so I can't imagine it's easy for 'mum and dad' users)
If I could invest in Dropbox, I would. But, that wasn't always true. I met Drew at a YC party before they had anything to show, and were still figuring out the diffing/versioning problems, and all the underlying hard problems. And, I came away thinking, "Well, that's been done before. A lot. And it never went anywhere." I had even built a little web-based file manager and sharing app as a RoR practice app, a couple weeks before. So, I thought I knew a business that wouldn't go anywhere when I saw it. I thought highly of Drew, but not much of the idea. I was obviously very wrong about the idea.
Anyway, my point is, Dropbox hasn't been something "you've never heard of" for quite some time.
Dropbox actually runs on AWS by using Amazon's S3 for storage. This is what allowed them to get up and running quickly and cheaply without needing a lot of venture funding.
I would not be surprised with Dropbox's continued growth, if they in the future were to set up and manage their own data centers to avoid being dependent on Amazon or anyone else's platform. This would be advantageous if Amazon were to decide to compete directly with a similar product.
http://blog.backblaze.com/2009/09/01/petabytes-on-a-budget-h...
I see this as Dropbox's future. PaaS is good for getting started, but with numbers like what's shown in that blog post, it's hard to argue that something like S3 is really priced at commodity levels.
Unfortunately, a prediction; and also by someone not privy to actual figures...
> Dropbox reportedly experiences well over 10 times year-over-year growth...
Sounds pretty good!
> ...and positive cash flow.
The mildest expression of profitability possible. Though I'm pretty sure they're doing way better than >0.
From scanning many acquisitions, my feeling is of the order of $200 million. Though I'm basing that mainly on business acquisition (e.g. by Oracle), so I might be very off for consumer acquisitions (considering youtube, facebook, twitter etc).
If they get fees from these apps when they monetise they become a platform or a framework, then the sky is the limit
App directory: https://www.dropbox.com/apps
We were pretty impressed with the numbers, and we ended up going with Dropbox, and we've never regretted it.
I wish this were true; unfortunately I hear lots and lots about them when they run a "spam your friends for more free space" promotional.
If it wasn't a HIPPA issue, we might be using Dropbox for more internal projects here
Love, love, love dropbox. You undergrad at Sitterson?
Should be interesting.
I had the same thought as SwellJoe around early 2008: That's been done, it ain't gonna go anywhere big. Obviously failed prediction on my part.
So the question is, what made Dropbox successful? There are plenty of players in this area (some of them are older than dropbox): box.net, mozy.com, Windows Live mesh, backblaze.
Furthermore, techies can easily do backup to their own S3 account, but they love Dropbox.
What's the success factors? YC? Being MIT graduates? The clever "Tell your friends and get more space for free" email? The market is just HUGE?
I know that 1 of them is using Python. =)
I put into use at the last company I was working for (a non-tech company) and everyone got immediately hooked on Dropbox. It made their file-sharing much easier.
So I honestly understand this article, even though for us it's been around for so long.
Someone deserves a medal for epic trolling. (I don't know what the station was -- I was in a hire car and channel surfing and decided to listen to the news broadcast)
Edit: typo