Dropbox Stock

New
gegA05

New

BIO
Marketing
gegA05more
Jul 30, 2018 16 Comments

I’m having a tough time deciding whether to buy dropbox stock. On the one hand, looking at box, that stock has definitely surged from when it originally went IPO a few years ago, but it also crashed precipitously before it’s rise. Will dropbox face the same fate? On the other hand dropbox is profitable, which would make it one of the few SaaS stocks in that category. On the other hand, Google Drive, AWS, and azure compete with it, and I’m not sure what dropbox is differentiating features are? Dropbox is near its opening low today. In other words, it IPO at $21 and the stock rose 35% when it was open to retail investors

comments

Want to comment? LOG IN or SIGN UP
TOP 16 Comments
  • Amazon / Product giju14
    Why anyone use dropbox instead of all other competitors? Buy a stock where you believe in the future of its product
    Jul 30, 2018 5
    • Booking.com Eromanga
      Out of all competitors only dropbox didn't lose my files.
      Jul 30, 2018
    • Facebook ohben
      Google drive did?
      Sep 13, 2018
    • Booking.com B.lame
      Yes, multiple times. Photos and git repo files.
      Sep 13, 2018
    • Facebook ohben
      I use Google drive too and it never happened to me. Are you a power user?
      Sep 15, 2018
    • Booking.com B.lame
      Git repo is a very intense usage case so I think yes. Also, Google sometimes forgets to upload your photos or starts uploading them with quality downgrade, very unreliable to my opinion. There were cases when Google just deleted photos, they had this bug around there years ago.
      Sep 16, 2018
  • New
    gegA05

    New

    BIO
    Marketing
    gegA05more
    OP
    Dropbox has a good product, but it’s still in a commoditized space when compared to box, Google Drive, AWS, and Azure. I don’t know what the difference Acacian is except for the fact that they are profitable, and are probably one of the few SAaS companies to be profitable.
    Jul 30, 2018 5
    • Microsoft / Eng Tabc
      Given that GDrive and Office 365 offer ways of creating and editing the documents, in addition to storing and sharing, I don't see a point in Dropbox. Plus you also have AWS, with a thousand offerings around storage that might wake up any day and decide to crush you
      Jul 30, 2018
    • New
      gegA05

      New

      BIO
      Marketing
      gegA05more
      OP
      This guy on the Mötley fool wrote an article back in April advising people not to buy dropbox stock. Looks like that’s the consensus amongst people in this thread as well. https://www.fool.com/investing/2018/04/17/is-dropbox-stock-a-buy-wall-street-analysts-debate.aspx
      Jul 30, 2018
    • Microsoft / Eng Tier 1
      Dropbox is vastly superior to its competitors. I have a premium subscription.
      Jul 30, 2018
    • New
      gegA05

      New

      BIO
      Marketing
      gegA05more
      OP
      But only one stock can really win in the enterprise. It’s either box or dropbox. But then you also have office 365 in Google drive who have way more cash to overtake the market. So how do you reconcile that ?
      Jul 30, 2018
    • Microsoft / Eng Tier 1
      I’m not sure who will win in the enterprise space.

      Dropbox has a lot of very smart people, and is expanding their product portfolio (eg Paper).
      Jul 30, 2018
  • Microsoft / Eng Tabc
    I really can't understand what do people see in Dropbox. Who thinks they can have a future?
    Jul 30, 2018 0
  • Epic eCBy67
    I think Dropbox is a good buy. Donno how many years it takes. But it’s a good buy.

    The paper is so better than g suit or 365.
    Jul 30, 2018 0
  • Ingredion Incorporated / Eng yvFS30
    Just listen to @chamath at the Sohn Conference 2018 outline his investment thesis for Box https://youtu.be/NVrxB9TomJM
    Jul 30, 2018 0
  • Rough Draft Ventures tomato123
    Wanted to bump this, looks like stock suffered after their COO left
    Sep 9, 2018 0