Dropbox for Business/Teams Multiple Share Points

I recall some time ago that, with Dropbox for Business, you could have multiple share points in a directory structure. So Top level could be shared with a couple of people, a nested subfolder could be shared with other people and a nested sub-sub folder could be shared with yet another group of people with those above a share point having access to everything underneath it.

I have been perusing the documentation and cannot see anything related to this. Did Dropbox remove this feature from Dropbox for Business/Teams or am I just not reading the documentation correctly. I ask because it would be the differentiator between using individual accounts vs setting up a Business/Teams structure. If nested share points wasn't available there is nothing in the other versions of Teams that makes it a must have.

Thanks