I personally think Dropbox has a solid user base with good financial numbers so far and has a good future. Am I missing anything other than the competition? #investments #Dropbox
Check DBX stock
What do you mean?
DBX doesn’t perform good, but company is on good track
Street hates us, we don't have hype.
Word! Street doesn’t like solid business with profit. It’s all about the hype
Instead of blaming the Street, I would like to see the management give some optimism. Put a story of how Street should buy. PS I am long DBX holding for 2 years.
Growth is the reason. Dbx growth has generally been < 20% compared to 50% + for snap pins. Project it out a few years with gross margins of snap/pins and they will come out more profitable than dbx
It is kinda a commodity business.