Yep this is it. We need to provide more than just storage to succeed in the marketplace.
- Just storage: it's commoditization so you have your own hardware and compete at that level
- Other stuff: Now you are alt GSuite. Google needs competition, not know you are fighting and N front war and your old users may not care.
Now VC usually tries to avoid competing head-on with FAANG, and the current situation was definitely inevitable, so quite confused why Dropbox got funded in the first place.
Because they're still worth 8 billion dollars now?