Dropbox’s IPO tomorrow by the numbers - Rickey J. White, Jr. | RJW™
19904
post-template-default,single,single-post,postid-19904,single-format-standard,ajax_fade,page_not_loaded,,qode-theme-ver-16.3,qode-theme-bridge,wpb-js-composer js-comp-ver-5.4.7,vc_responsive
 

Dropbox’s IPO tomorrow by the numbers

22 Mar Dropbox’s IPO tomorrow by the numbers

Posted at 18:14h in Popular Newsfeed by
0 Likes

In anticipation of Dropbox’s big debut on the NASDAQ tomorrow, the cloud storage software company priced its IPO on Thursday night at $21 a share, reports CNBC. Here are some other big numbers:

Offering: 36 million shares (25-times oversubscribed)

Valuation (fully diluted): $9.2 billion (lower than its $10 billion valuation in 2014)

Valuation (non-diluted): $8.3 billion

Revenue: More than $1 billion (in 2017)

Registered users: 500 million (as of February)

Net loss: $111.7 million (in 2017)


Source: Fast Company

Tags:
No Comments

Sorry, the comment form is closed at this time.