Just before the document sharing service Dropbox just acquired the music streaming media service Audiogalax, a storage company was Dropbox acquired, the private image storage Service Snapjoy, a collection of aggregation, storage, browsing cameras, mobile phones, and Flickr, Instagram, Picasa and other network image services. Make people's lives more convenient.
Snapjoy was a project for YC hatching, and Snapjoy co-founder Michael Dwan said there were other companies before Dropbox to negotiate acquisitions, but he refused. For example, the investors before Snapjoy include Y Combinator, SV Angel, quotidien, the Start Fund, and so on.
Dwan declined to disclose Snapjoy's current number of users, activity and other information, when asked why he wanted to sell it to Dropbox, Dwan frankly their current user experience has been limited by their research and development capabilities and economic conditions, and Dropbox mature business model, Multi-platform support and nearly 100 million user volume can bring better development for Snapjoy.
From the two acquisitions of Dropbox, it is clear that the document-sharing giant is moving into the multimedia storage market. Pictures, music and other streaming media storage market There are a large number of start-up companies engaged in the relevant business, Dropbox's entry is bound to have a huge impact on these small start-up companies. And Dropbox's own business is excellent, which is likely to attract more individuals and business users to use their multimedia storage services.
And in the field of picture storage, in addition to small companies, has been the main business of several big companies such as Facebook. After Facebook acquired Instagram, Twitter, which had not yet been bought, also fought a series of moves against Facebook. Now Dropbox also enter the picture market, the picture war or will again in several giants quietly unfold.
Currently Snapjoy has stopped registering and its services may become part of the Dropbox storage business. And Snapjoy's team of only 6 people is likely to dissolve, and several people continue to work for Dropbox is unclear.
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