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Dropbox CEO: "We're Not Cutting Prices"


Dropbox CEO We re Not Cutting Prices ReadWrite

Source: http://readwrite.com/2014/05/28/dropbox-...

Drew Houston defends his file-storage service against charges that it's overpriced and underfeatured.

A hundred gigabytes of storage, enough for years and years of photos, costs $9.99 a month on Dropbox. Google Drive, a largely similar service, costs $1.99, or 80 percent less.

Dropbox CEO Drew Houston defended his company's pricing under tough questioning Wednesday evening by Recode journalists Liz Gannes and Walt Mossberg in an interview at the Code Conference in Los Angeles.

“We’re not cutting prices,” said Houston.

Stashed in: Dropbox, @lizgannes

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I find it hard to believe people will continue to be loyal to Dropbox with such price pressure.

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