• 5 Fascinating Things From Dropbox's IPO Filing

    6 monthes ago - By Fortune

    After 11 years as a private company, Dropbox publicly filed for an IPO on Friday.
    The online storage and workplace software company's debut on Wall Street would be one of the most highly anticipated in the tech industry in recent years because of its $10 billion private valuation. When Dropbox first debuted, it became a hit with consumers who used it's free, online service to store their photos, music, and movies. But as Dropbox matured over the years, it shifted its focus to business customers, and has since debuted paid versions of its online storage service as well as work collaboration...
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  • Condoleezza Rice, Meg Whitman, Drew Houston, and everybody else who's poised to get richer from the Dropbox IPO

    Condoleezza Rice, Meg Whitman, Drew Houston, and everybody else who's poised to get richer from the Dropbox IPO

    6 monthes ago - By Business Insider

    Dropbox filed its S-1 on Friday, revealing ample information about who owns stakes in the $10 billion file sharing company.
    Among its biggest shareholders are CEO Drew Houston and his co-founder Arash Ferdoswi.
    Perhaps more surprising though: Former HP Enterprise CEO Meg Whitman and former US Secretary of State Condoleezza Rice both have a piece of the pie.
    Dropbox CEO and cofounder Drew Houston is set to make a pretty penny when the cloud storage goes public, as it filed to do on Friday. But he's not the only one.
    In its S-1 filing with the Securities and Exchange Commission, Dropbox...
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  • Condoleezza Rice, Meg Whitman, Drew Houston, and everybody else who's poised to get richer from the Dropbox IPO

    Condoleezza Rice, Meg Whitman, Drew Houston, and everybody else who's poised to get richer from the Dropbox IPO

    6 monthes ago - By Business Insider

    Dropbox filed its S-1 on Friday, revealing ample information about who owns stakes in the $10 billion file sharing company.
    Among its biggest shareholders are CEO Drew Houston and his co-founder Arash Ferdoswi.
    Perhaps more surprising though: Former HP Enterprise CEO Meg Whitman and former US Secretary of State Condoleezza Rice both have a piece of the pie.
    Dropbox CEO and cofounder Drew Houston is set to make a pretty penny when the cloud storage goes public, as it filed to do on Friday. But he's not the only one.
    In its S-1 filing with the Securities and Exchange Commission, Dropbox...
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  • Dropbox will be the first-ever IPO out of Silicon Valley's most important startup factory

    Dropbox will be the first-ever IPO out of Silicon Valley's most important startup factory

    6 monthes ago - By Business Insider

    On Friday, Dropbox filed its S-1, making it the first among Silicon Valley incubator Y Combinator's companies to ever file for an IPO.
    Y Combinator accepted Dropbox founder Drew Houston's application for Dropbox in 2007. It was the second time that Houston had applied to the program.
    On Friday, file hosting service Dropbox filed its S-1 , making it the first Y Combinator company to ever file for an IPO.
    While the Silicon Valley-based incubator has overseen the development of several successful companies like, Airbnb, Docker, and Instacart, Dropbox will be the first within the Y Combinator...
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  • DROPBOX IPO FILING WARNS: We may never be profitable

    DROPBOX IPO FILING WARNS:  We may never be profitable

    6 monthes ago - By Business Insider

    Dropbox on Friday filed to go public.
    The company has never made a profit and warned it may never, according to a filing.
    Dropbox officially filed on Friday to go public on the Nasdaq exchange under the ticker 'DBX.'
    It's the first time the company has had to disclose its financial situation - and the details aren't exactly pretty. The company lost $111.7 million in 2017 on revenues of $1.1 billion, and warned potential investors it may never be profitable.
    "We have a history of net losses, we anticipate increasing expenses in the future, and we may not be able to achieve or maintain...
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  • Dropbox finally filed for its IPO - and it lost $111 million on revenue of $1.1 billion last year

    6 monthes ago - By Chron

    REUTERS/Beck Diefenbach
    Dropbox just filed for its IPO, and will trade on Nasdaq under the symbol DBX.
    The S-1 revealed that Dropbox lost $111 million on revenues of $1.1 billion in 2017.
    This makes it the first of the many high-valued tech unicorns expected to file to go public in 2018.
    Dropbox was last valued at $10 billion in a 2014 venture capital round.
    The file-sharing unicorn Dropbox filed its S-1 on Friday, which means one of the most anticipated IPOs in tech is well on its way.
    Dropbox, which was founded in 2007, posted revenues of about $1.1 billion in 2017, up 31% from $844.8...
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  • Dropbox uploads its biggest document yet: Read its IPO filing

    6 monthes ago - By Fast Company

    It must be a Friday afternoon because a major technology company has decided to dump some news. Dropbox has officially filed its initial public offering to be listed as a common stock on the Nasdaq, under the ticker “DBX.” Last month Bloomberg reported that the company had filed a secret IPO, meaning the company's S-1...
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  • Dropbox has filed for an IPO

    Dropbox has filed for an IPO

    6 monthes ago - By Business Insider

    Dropbox just filed for its IPO.
    The file sharing unicorn Dropbox filed its S-1 on Friday , which means one of the most anticipated IPOs in tech is well on its way.
    Here's what we know:
    Dropbox will list on NASDAQ under the stock ticker DBX.
    Dropbox was valued at $10 billion last time it raised venture capital.
    Goldman Sachs and JP Morgan are leading the IPO.
    Dropbox had $1.1 billion in revenue in 2017, and losses of $111.7 million.
    It had $305 million in positive free cash flow in 2017.
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  • Dropbox files for IPO of up to $500 million

    6 monthes ago - By Reuters

    Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.
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  • Dropbox files to raise $500 million in IPO

    Dropbox files to raise $500 million in IPO

    6 monthes ago - By Venture Beat

    Dropbox filed for an initial public offering today with the aim to raise $500 million for its cloud-based file storage and collaboration service. The cloud storage company had secretly filed to go public in early January.
    The San Francisco-based company brought in $1.1 billion in revenue last year, with a net loss of $111 million. It has more than 500 million registered users, with more than 11 million paying users. The company's last private valuation was $10 billion.
    The tech industry will be watching the results of this offering closely, considering that it's the first big tech IPO of...
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  • The Dropbox IPO filing is here

    The Dropbox IPO filing is here

    6 monthes ago - By Tech Crunch

    It's official, the Dropbox IPO filing is here. Going public is a huge milestone for Dropbox and has been one of the most anticipated tech IPOs for several years now. We knew that it had already filed confidentially, but the company has now unveiled its filing, meaning the actual IPO is likely very soon, probably late March. The filing shows that Dropbox had $1.1 billion in revenue for...
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