How diversified was Google in its first ten years? Ads and desktop search overwhelmingly ruled. How diversified is Facebook? How diversified is Twitter? How diversified is Apple? (with the iPhone generating 75% of their profit)
This tends to apply to almost any big company in its formative years. They get big because they put all their wood behind a killer arrow that made all the rest possible. That's not to say Dropbox will have that future, but rather that criticizing them for not diversifying at this point is a low quality criticism.
Exactly. Any company has to be focused on executing one thing well for several years into it's life if they want to succeed at all.
The article struck me as being very poorly written for this reason. As if offering some generic web widget will help Dropbox diversify and survive if users lose faith in their syncing product. If the author knew anything about startups he wouldn't have made this the central point of this piece.
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"Dropbox is not diversified"
How diversified was Google in its first ten years? Ads and desktop search overwhelmingly ruled. How diversified is Facebook? How diversified is Twitter? How diversified is Apple? (with the iPhone generating 75% of their profit)
This tends to apply to almost any big company in its formative years. They get big because they put all their wood behind a killer arrow that made all the rest possible. That's not to say Dropbox will have that future, but rather that criticizing them for not diversifying at this point is a low quality criticism.
Exactly. Any company has to be focused on executing one thing well for several years into it's life if they want to succeed at all.
The article struck me as being very poorly written for this reason. As if offering some generic web widget will help Dropbox diversify and survive if users lose faith in their syncing product. If the author knew anything about startups he wouldn't have made this the central point of this piece.