This document debunks common myths about SharePoint and Office 365. It addresses myths such as SharePoint installation being complete once installed, security issues with the cloud, lack of data ownership in the cloud, offline access limitations, lack of cross-device and platform support, cost effectiveness, the death of SharePoint, SharePoint just being a file share, rigid look and feel, death of InfoPath, lack of customization options, the app model being required for all customizations, SharePoint performance issues, lack of backups in Office 365, and the need for dedicated SQL servers. For each myth, it provides facts to show why the myth is not accurate.