Dropbox Set To Go Public At $6.7BN Market Cap, A Huge Haircut To Its Private Valuation
March 12, 2018 at 09:55 AM EDT
Dropbox has filed the terms of its long-awaited IPO, according to which it aims to raise as much as $648 million, by marketing 36 million shares range from $16 to $18 apiece, resulting in valuation between $7 and $7.9 billion.