Case Question 1 – DropBox 1. Dropbox is a late mover in a crowded space. What opportunity did Houston see? Specifically‚ what are the key elements of Dropbox ’s current business model? Houston saw the opportunity to build a product which would allow the users to upload their work and synchronize them immediately. Houston came up with this idea as he felt the need of this product by himself by forgetting his USB stick as he wanted to work in the bus. So Houston decided to start and develop a prototype
Premium Marketing The Key The Opportunity
As of June 2012‚ which of these hypotheses have been confirmed‚ and which have been discarded? Drew Houston had a quite clear and defined idea of the final product when he asked for the first Venture Capital‚ therefore the business model of Dropbox relied on certain key elements
Premium Management Strategic management Marketing
THOMAS R. EISENMANN MICHAEL PAO Dro opbox: "It Jusst Work ks" h a formu ula: Limited life experiencces + Paaul Buchheit‚ creator of Gmail and FriendFeed‚ has overgeeneralization = advice. Let’s say you hire a product manaager as employyee #3‚ and you u succeed. Doees that mean that the product manager droove your succeess‚ so every staartup should hire one early? — Drew D Houston n‚ Dropbox Co-Founder C & CEO old co-foundeer and CEO of o Dropbox‚ a downloadab ble application n that Drrew Houston‚
Premium File sharing File system Peer-to-peer
Dropbox: “It Just Works” (HBS 9-811-065) Kunal Sharma Advanced Entrepreneurship March 11‚ 2013 100410018 Word Count: 854 Question 1 a) The reason that Dropbox is such a universal concept is because anyone in the world can be a buyer of Dropbox. It can be an individual trying to save and access their pictures on different platforms or it can be a multinational firm who uses the product as a “file collaboration” software within the firm. “The idea is to get people using it inside companies
Premium Harvard Business School Marketing Business school
Case Digest HW8 – Dropbox: "It just works" Information Technology for Management (MGMTMBA 207) Questions1: Dropbox is a late mover in a crowded space. What opportunity did Houston see? Specifically‚ what are the key elements of Dropbox’s current business model? The Niche Even though Dropbox was kind of a late mover‚ it found its niche and therefore increased its market share. At the initial stage‚ Houston found the on-line storage suppliers were unable to provide fast and fluent synchronization
Premium Google Marketing Cloud computing
To: Ms. Tang Case: Dropbox Date: 11/18/13 Dropbox was created in 2007 and launched to the public a year later. It was founded by Drew Houston and Arash Ferdowski; who were classmates together at MIT in the early 2000’s. The created a product that allows you to sync you computers together by using a cloud to share files between the different computers. At the time of creation there were existing products in the market but they believed that they created a product that would simplify the process
Premium Marketing
1. Houston is still confident with Dropbox‚ which is a late mover compare to other competitors because of these following reasons. First‚ he thinks he can make money because customers will understand either storage is a physical one or online service‚ they both still cost money. Second‚ he sees opportunity of growing market of cloud service. Furthermore‚ he also thinks other competitors have difficulties in transferring data across firewalls and balked with big flies or a large number of files
Premium Names of large numbers Improve
Dropbox is a file hosting service which is been managed by dropbox incorporation with their headquarters sited in San Francisco‚ California. Their major function includes file synchronisation‚ cloud storage and also personal cloud. Dropbox inc. was founded in the year 2007 by two bests of friend‚ Drew Houston and Arash Ferdowsi. Drew Houston came-up with dropbox idea due to his forgetfulness and his consuming quest for discovering means of synchronising files and sharing of large files. Dropbox
Premium Facebook Social network service Google
people’s life easier. The application is called Dropbox‚ and it is vastly used to exchange every kind of files and folders between people. Dropbox is a Web-based file hosting service operated by Dropbox‚ Inc. that uses networked storage to enable users to store and share files and folders with others across the Internet using file synchronization. Dropbox is the simplest‚ most elegant file-synchronization tool ever used. The premise behind Dropbox is it gives you access to your files no matter what
Free File system Computer file Cloud computing
Xiong Xiao HW #7 1. Using DropBox and GoogleDocs as examples‚ what are some advantages of cloud computing? Today‚ individuals and organizations can use the power of cloud computing. As we can see in the DropBox and GoogleDocs‚ cloud computing provides access to a shared-pool of computing resources and data‚ including computer‚ applications and service‚ over a network. 2. What are disadvantages of cloud computing (again‚ feel free to use DropBox and GoogleDocs as your examples)?
Premium Cloud computing Word processor Linux