Terribly ugly, difficult, and time consuming process. (Impossible)ģ) Offering any sort of encryption (need to use 3rd party, unreliable)Ĥ) Managing/reverting changes. Difficult & time consuming if they do)Ģ) Deleting a corporate account from all devices, removing folders. (Impossible unless your IT department controls every shared folder in your organization. If anyone from Dropbox is reading this, the things that make my life the hardest are:ġ) removing shared folders from a user's account. If you want any level of control over data and sharing, you're sent over to "sookasa", a shambles of a business, or you can look at non-recommended solutions like boxcryptor (an incredible product that unfortunately carries it's own administrative overhead). The way they've defined their concepts seems hostile to the very things businesses need in a product.Įven being a company that spends 50k a year gets you next to nothing wrt feature requests or support outside of what would be given to a free user, aside from speed of reply. David Benoit contributed to this article.Īs a customer of Dropbox for Business, I can confidently say they have a long, difficult road ahead of them here. The year before, it nearly quadrupled sales from $12 million. The company made $116 million in sales in 2012, according to people familiar with the company's financials, more than doubling its $46 million in revenue in 2011. The Wall Street Journal previously reported that Dropbox had expected sales of more than $200 million in 2013. The company also got a higher price than expected when it approached investors as recently as November.ĭropbox raised $250 million in its 2011 financing from Goldman Sachs and venture-capital firms including Sequoia Capital, Index Ventures and Accel Partners. The company's valuation has more than doubled since late 2011, when investors valued the San Francisco-based company at $4 billion. BLK -0.33% investment fund is leading the deal, which also includes previous backers, said one of these people, who declined to provide more detail.ĭropbox wasn't immediately available to comment.Īt $10 billion, Dropbox is one of the most highly valued companies backed by venture capitalists. has closed on about $250 million in a funding round that values the online-storage provider at close to $10 billion, according to two people familiar with the deal.Ī BlackRock Inc. The company said it expects Giphy to contribute “minimal revenue” in 2023 with “focused monetization efforts taking place over the course of 2024.Dropbox Inc. Shutterstock said the deal for Giphy is being funded through cash-on-hand and existing revolving credit facility. The deal also will extend Shutterstock’s API ecosystem to include Giphy’s more than 14,000 busines partners, the company said. Through the Giphy acquisition, we are extending our audience touch points beyond primarily professional marketing and advertising use cases and expanding into casual conversations.” “Shutterstock is in the business of helping people and brands tell their stories. “This is an exciting next step in Shutterstock’s journey as an end-to-end creative platform,” Shutterstock CEO Paul Hennessy said in a statement. On the content front, Giphy’s media partners include NBC, Disney, Netflix, the NFL, MLB and the NBA. Giphy partners include Meta (owner of Facebook and Instagram), other social media platforms including TikTok, Twitter and Snapchat, and mobile devices. According to Giphy, its library of GIFs and stickers draws more than 1.3 billion search queries on a daily basis - and generates more than 15 billion daily media impressions.
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