Document Collaboration: Dropbox vs. Google Docs

Dropbox is simply the greatest thing that's happened to team collaboration. Ever. Dropbox lets you keep a single folder synchronized with a web server, allows you to have 2 GB of content, has a web interface for accessing data from a browser and even a client that makes managing dropbox folders a breeze. But it doesn't stop there - Dropbox also lets you share folders with friends and set permissions, keeps the files synchronized across all devices and has a public folder that can be shared with people who dont use dropbox via a simple HTTP link.

However, there were a few situations where we needed 'live' document collaboration and thats when Google Docs came into the picture. With a Google account you simply create a new document and invite friends to collaborate on the document. The application supports live editing of the file by multiple users (I've seen upto 40 on one document) and uses micro-version control to ensure that users never overwrite each others content.