Andre Yoskowitz
7 Mar 2016 22:24
Dropbox COO Dennis Woodside has confirmed that the company now has over 500 million users.
Last June, the company claimed 400 million users, so growth still seems strong.
The company also now has 3.3 billion sharing connections (the amount of shared links and folders), up 50 percent year-over-year. 44 percent of new users come via another existing user, adding Woodside, great viral growth.
There have been recent concerns of the valuations of 'unicorn' startups like Dropbox (private companies valued over $1 billion) and the recent figures should help to alleviate some concerns although the company is certainly not worth its recent valuation of over $10 billion.
Source:
Dropbox