Will Dropbox Be The Unicorn That Proves Itself?Knowledge Wharton
Wharton’s David Hsu and Jay Ritter from the University of Florida discuss the prospects for Dropbox’s IPO.
Dropbox, the San Francisco-based cloud storage and file sharing company, is expected to go public this month under auspicious circumstances: The stock market is rebounding and the economy continues to show strength. But its IPO could prove to be a “down round” — where the value falls below the amount previously set in the last private financing round. In 2014, Dropbox was privately valued at $10 billion, but its exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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