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Dropbox's $9bn IPO is a third from peak valuation

By Diptendu Lahiri

Mar 13 2018 6:48AM

Cloud company files to go public.

Dropbox's $9bn IPO is a third from peak valuation

Dropbox today filed to go public at a valuation of up to US$7.1 billion (A$9.0 billion), nearly a third below a valuation three years ago due to concerns that it is not growing fast enough to justify a loftier price tag. The San Francisco-based company, which started as a free service to share ...

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