People were defending it at $50B...
https://news.ycombinator.com/item?id=29363897
6 days ago we had a more or less same thread on HN. I'll link it down below. It has about 330 comments, so I'd assume you'll find your answer there ;)
Well, the stock dropped 42% today after missing on revenue so you might be on to something...
I don't understand how DocuSign was $50B while Dropbox was $10B; the barrier of entry is even lower for DocuSign and Dropbox even has a competing product
$26B company
I genuinely think I have a great replacement for "signing" software, it is much more efficient:
1. I just email the contract 2. Include in the email something along the lines:
Signature Employee / or reply to the email as confirmation of the employment contract:..............................
Answer: "I approve the contract in its entirety" “DATE"
I cannot imagine that sometime in this universe, someone will say: "Well, they answered that they approved the contract, but because they did not 'sign' the contract it is not valid"
I think signature software is just complicating things by trying to "digitize an old concept".
The nice thing about this is that I have automated it further by having an Airtable table with fields, and then using an automation to send an email based on the fields in the table. Hourly rate, name, job type etc. for the employment contracts. Before I used adobe sign and it was much more hassle to make contracts.
I expect my comment to take a big hit on Docusign's market cap :p