Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
This VC says Dropbox's recent moves show why big companies often fail to innovate
This VC says Dropbox's recent moves show why big companies often fail to innovate
Eugene KimMar 17, 2016, 23:29 IST
In this handout image supplied by Sportsfile, Drew Houston, Founder, Dropbox, speaking during the web summit for careers during Day 2 of the 2014 Web Summit in the RDS on November 5, 2014 in Dublin, Ireland.Ramsey Cardy/SPORTSFILE via Getty Images
Dropbox made a number of headline-grabbing moves over the past few weeks, but Storm Ventures partner Anshu Sharma's more concerned than impressed.
Advertisement
He sees a company that's failing to figure out what customers truly need - falling for what he calls the "Stack Fallacy," a term he coined to describe how successful companies in one area often overvalue what they know and misjudge what they need to build next.
