The data was anonymized, but academics are still concerned about the ethics of the analysis. https://media.wired.com/photos/5b57c02ec77c0914167d4eba/master/pass/dropbox_security-01.jpg
Tag: Dropbox
Dropbox beats estimates in first results since going public
(Reuters) — File sharing and storage company Dropbox beat Wall Street expectations for quarterly results and topped estimates for paying subscribers in its first financial report as a publicly traded company. However, the company’s shares, which had gained 10 percent this week ahead of the earnings, slipped 4 percent in extended trading on Th…Read More
Pssst! While we were all distracted by Spotify, Dropbox just raised another $113 million
Spotify’s IPO made for an exciting day on Wall Street. But the bigger financial windfall may have gone to a company that staged its own high-profile IPO last month: Dropbox. In a press release, Dropbox announced that given the strong showing of its own IPO, the investment banks that underwrote the offering exercised an option […]
Dropbox just went public and is now worth $20 billion — now read the CEO’s application for its first round of funding (DBX)
Dropbox Dropbox went public on Friday, and is now worth $ 20 billion. In 2007, Houston was just trying to get his startup off the ground as a solo founder, and applied to the presitigous Y Combinator program for his first funding. On the application, he says he would have sold Dropbox for $ 1 […]
Dropbox CEO talks about how he went from rejecting Steve Jobs to an $11 billion IPO (DBX)
Dropbox CEO Drew Houston famously turned down Steve Jobs when Jobs offered to acquire the company. After the rejection, Jobs not-so-subtly implied that he’d have to put Dropbox out of business instead. On Friday, Dropbox went public, with its stock popping 35% by the end of the first day of trading, defying the rest of […]
Dropbox IPO priced at $21 per share with a market cap of $9.18 billion
(Reuters) — Dropbox’s initial public offering, the largest tech stock debut in more than a year, was priced at $ 21 per share, the company announced on Thursday, higher than expected. At $ 21, the San Francisco-based company will have a market cap of about $ 9.18 billion on a fully diluted share count. The […]
Dropbox files to raise $500 million in IPO
Dropbox filed for an initial public offering today with the goal of raising $ 500 million for its cloud-based file storage and collaboration service. It 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. […]
Dropbox CEO Drew Houston made $110 million in 2017 — and is on track to be Silicon Valley’s newest billionaire after the IPO (BOX, TEAM)
Drew Angerer/Getty Images Dropbox filed to go public on Friday, revealing CEO Drew Houston’s salary for the first time. Houston took home about $ 110 million in cash and stock in 2017. He stands to make a lot more, thanks to an incentive system tied to Dropbox’s share price: If Dropbox shares hit $ 60, […]
Dear Tech People ranks Snap, Dropbox, Airbnb, and more in diversity report
Even though tech giants like Intel and Apple release annual reports on diversity, very few tech companies are following suit. Dear Tech People dove into these murky waters to answer questions like “How many women work at Snap?” and “How many engineers at Docker are black?” The three co-creators of Dear Tech People — Dhruv […]
Dropbox needs to find a new ‘ethos’ and more business customers for an IPO home run (BOX)
Dropbox Dropbox is aiming to have its IPO in the first half of 2018, according to reports. Analysts aren’t at all surprised, but have a few things at front of mind when it comes to anticipating how Dropbox will do as a public company. The market for collaboration tools is huge, analysts say, but Dropbox […]
