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Dropbox Ends Unlimited Cloud Storage Following Google Change

Dropbox Ends Unlimited Cloud Storage Following Google Change

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Given a spike in illegal behaviour, Dropbox is discontinuing unlimited space in its Expanded plan, which is geared at businesses.

Dropbox Ends Unlimited Cloud Storage Following Google Change
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As Other sites made similar adjustments to reduce storage capacity, it noted in a blog post, that it has seen an increase in people using Advanced plans “not to run a business or organization, but instead for purposes like crypto and Chia mining, unrelated individuals pooling storage for personal use cases or even instances of reselling storage.”

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While there will of course be legitimate outliers when it comes to unlimited storage plans, Dropbox says bad actors “frequently consume thousands of times more storage than our genuine business customers, which risks creating an unreliable experience for all of our customers.”

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The organisation claims that establishing a list of acceptable-use limits is impractical since it currently holds standards that forbid abusive behaviour. Because of this, Dropbox is switching to a regulated approach.

Effective on November 1st, the firm will progressively transition current subscribers to the updated Advanced plan. Before moving users to the updated policy, Dropbox will provide them with at least thirty days of notice.

On the Advanced plan, more than 99 per cent of users utilise no more than 35TB of capacity for each licence. As stated by Dropbox, those groups are allowed to utilise the amount of storage they are already using at the time they receive transfer alerts in addition to an additional 5TB of shared storage for five years without incurring any additional costs.

The same offer, but for one year, will be made to the small percentage of users that consume more than 35TB of storage each licence. Dropbox will collaborate with them to come up with a strategy that will ultimately benefit all parties concerned. Maximum storage for all Advanced plan variations is 1,000TB.

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Starting today, customers who purchase a three-license Advanced plan will receive an overall 15TB of shared storage. 5TB of storage will be added with each subsequent licence. In addition, Dropbox will begin providing storage upgrades on September 18 for newly registered users and on November 1 for current customers. On a month-to-month payment schedule, they cost 10 dollars per month for 1TB and eight dollars per month if bought yearly.

Dropbox Increases Storage for its Subscription Plans with Added New Features

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Dropbox, one of the most loved cloud storage provider, is going to increase the storage for its subscribers with a slight increase in the prices in the subscription plans. Now the subscribers will get better storage options for all its plans including Plus, Business, and Professional, and that too with newly added features.

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The company has revised the prices of its Pus plan, increasing the storage capacity to 2TB of storage, up from 1TB. The price for the Plus plan will now be $12 per month from its previous $10. Dropbox has also added new features, like Dropbox Smart Sync and Dropbox Rewind to all its subscription plans. Dropbox Smart Sync feature will look for the items in the hard drive that have been idle for a long time and mark them as online-only. This way, it will move the out of date items from the hard drive and make space for the new stuff.

On the other hand, the Rewind feature will help the users to roll back some of its actions like deletion of some important data and the accidental edits done in the past 30 days. Along with those two features, Dropbox will be bringing the full-text search for the Plus users. The subscribers who will pay annually will get a $2 discount on the subscription fee.

For the Professional plan, the storage has been increased to 3TB from 2TB at the old price $19.99 per month. And like before, the price of the one-month subscription will remain $16.58 if paid annually. Both Smart Sync and the Rewind feature are enabled for this plan too, the latter being able to work for the past 180 days. The Professional plan subscribers will also get access to the watermarking tool, such that they can use the same to protect their work from being copied.

The price for the Business plan is also the same, but the storage has been increased from 3TB to 5TB. The plan will include the discussed features, and the 120-day version history has also been upgraded to 180-days version history for the subscribers.

The storage capacity for the Dropbox subscription plans has been increased for every subscriber. For the old subscribers, too, the storage has been increased immediately. For them, the plan price will remain the same until their subscription ends, and they subscribe for the new cycle. The new subscribers will need to pay the increased price for the Plus plan.

Drew Houston : The Co-founder & the CEO of Dropbox

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Drew Houston is an American Internet billionaire entrepreneur, who co-founded the multi-billion company Dropbox at the mere age of 24. Once just an idea, now has more than 500 worldwide users subscribed to it. Houston a computer enthusiast, gives the credit of his success to his partner and co-founder of Dropbox, Arash Ferdowsi, and the education he received at MIT. In one of his speeches at MIT, he said that people should surround themselves with inspiring people. He said, “Surrounding yourself with inspiring people is now just as important as being talented or working hard.”

Drew Houston
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Early Life

Houston was born on 4 March 1983, in Acton, Massachusetts. His father was an electrical engineer. Houston was a student at the Acton-Boxborough Regional High School. Initially, he was influenced by video games and had decided that he would become a video game tester. But as soon his father introduced him with programming, his focus diverted towards the computers. At the age of 14, while playing a video game, on his father’s Pcjr computer, he found a bug in the game and reported to the video game company, upon which he was offered a job at the same company. In 1990, he entered the Massachusetts Institute of Technology from where he earned a graduate degree in Computer Science.

Career & Founding Dropbox

Along with an offer for a job at the early age of 14, he had also been a part of many startups including Bit9, Accolade and Hubspot. Houston was still in college when he thought of developing Dropbox. He wrote the first line of code for Dropbox, while he was travelling on a bus, as he had forgotten his USB drive. At the time he was frustrated with his habit of forgetting and losing those USB flash drives all the time. So he conceived the idea of creating a cloud-based system for keeping the files in it. At first, he started working on the project for his personal use, but then he realised that the product could benefit other people too.

Houston released a video regarding the idea, his college mate Arash Ferdowsi being one of the viewers of it. Ferdowsi was really impressed by the idea and contacted Houston for partnership. From here the two started working on the project together.

In May 2007, Houston founded the parent company to Dropbox, Evenflow, Inc. In the same year, the company was able to get a seed funding from venture capitalists like Sequoia Capital, Accel Partners, Y Combinator. In 2008, the company launched Dropbox at the TechCrunch Disrupt conference. Within one year, Dropbox had more than 3 million registered users. By 2011, the number of users reached 50 million, and in March 2016, it had 500 million users.

During the evolution of the company, it also went through some successful acquisitions including TapEngage, Audiogalaxy, Snapjoy in 2012, Bubbli in 2014, CloudOn in 2015, etc. In 2011, the total revenue earned by the company was over $240 million. Dropbox is considered as one of the twenty best startups of Silicon Valley.

In February 2018, Dropbox filed an IPO to be listed on the Nasdaq.

Personal Life

Houston is a huge video game lover. He also likes to sing, and during the college, he was a part of ’90s cover band. Business Week named Houston as one of the most promising players aged 30 and under. He was also named among the top 30 under-30 entrepreneurs by inc.com.