About Dropbox

it is interesting to continue watching Dropbox and its financial statementsfor the past year and here is what I learned:

1/ revenue increasing 13.5%, cost around the same. revenue in 2021H1 is 135 million. (market cap is around 12 billion)
2/ The revenue growth can be decomposed into: paid user growth around 7.8%, ARPU around 7%.
This is different from what we learned a year ago. Half of the revenue comes from ARPU growth. (back then we learned from Ravi that revenue is driven by # of paid users)
3/ I have cleared out my position, since I think the price has arrived at the level appropriate for next 2 years.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store