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

We got a lot of pushback from investors saying, hey, look, this is, you know, 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 time. So that's all true. But that's. You have to realize that's not causal. That's an. Just because other folks have done something doesn't mean it's a. 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, do you use. 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?