Guess Who Else Wants Dropbox Gone?
What it must be like to be Dropbox founders Drew Houston and Arash Ferdowski right now.
On the one hand, they're running one of tech's greatest success stories: a company whose signature file-syncing software has swarmed large company IT departments in ways not seen since Apple introduced the iPhone.
On the other, Dropbox may be attracting more competition than it can handle. Amazon.com is the latest to introduce file syncing via its Cloud Drive service, which was once intended to help the e-tailer compete with iTunes and Google's Play by creating a place to store digital goods such as music and movies.
Will Amazon's entry into the file-syncing market disrupt Dropbox? And what's the best stock play on cloud storage right now? Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova answers these questions and more in the following interview with The Motley Fool's Erin Miller. Please watch this short video to get his full take, and then leave a comment to let us know which cloud computing stocks are on your radar and why.
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The article Guess Who Else Wants Dropbox Gone? originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Apple and Google at the time of publication. Erin Miller owned shares of Apple. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool owns shares of Apple, Amazon.com, and Google. Motley Fool newsletter services have recommended buying shares of Apple, Google, and Amazon.com and creating a covered bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
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