Dropbox founder Drew Houston’s response to investors who told him online storage is a commodity

We got a lot of pushback from investors saying, Google's gonna do this. It's a commodity. Online storage is a startup cliche of its time, the way that Bitcoin or other things have been. And frankly, I agreed with them. I was like, yeah, Google can probably do this. Yeah, we don't really have a lot of structural advantages. Yeah, we're not really sure how we're gonna make money. We don't even have users. But at the same. So that's all true. But that's. You have to realize that's not causal. It's sort of just. Just because other folks have done something or done it in a way that you don't think is good doesn't mean it's inherently a bad idea. Or maybe put another way, I would ask investors, yes, there are 50 of these things out there, but do you use any of them? And they would say, no. And I'd say, yeah, isn't that interesting?