9/7/2023 0 Comments What is box vs dropboxIt's a very rough calculation, but that means that Dropbox has around 3,300,000 users of Dropbox Business. The statement read: "Of these subscribers, approximately 30% use Dropbox for work on a Dropbox Business team plan, and we estimate that an additional 50% use Dropbox for work on an individual plan, collectively totalling approximately 80% of paying subscribers." In its S-1 filing, Dropbox stated that it has "over 11 million paying users". What we do know is that Dropbox has many more users than Box. Unfortunately Dropbox has not yet broken out the number of businesses that have bought plans, making an apples for apples comparison between the two companies difficult. The market also backed the Swedish streaming company to do that by valuing it at $26.5 billion. This is a pretty similar outlook to that taken with this year's other big tech IPO, Spotify, which has a lot of 'freemium' users that it wants to convert to paid subscribers to reach profitability. "But I think the market success is probably related to brand perception and the potential of growing for Dropbox in the enterprise market (transforming usage of personal Dropbox into corporate Dropbox service)." "We cannot comment on the IPO per se," she said. That's a nearly 5x valuation discrepancy between the two rivals, and although both companies have refused to comment on the number for Computerworld UK, Basso has some thoughts. Dropbox on the other hand floated earlier this year, with shares jumping as high as $31.60, giving the company a valuation of over $12 billion.
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