Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
February 23, 2018 09:26 pm GMT

Dropbox, a company that turned down an offer from Steve Jobs in 2009, is finally going public

The place where you may or may not store and share your photos, PDFs, and other documents is going public. 

Dropbox, a cloud storage company based in Silicon Valley's heart San Francisco, is listing on the Nasdaq under the stock ticker $DBX, according to its S-1 document unveiled by the Securities and Exchange Commission (SEC) on Friday. Dropbox was most recently valued at $10 billion and is now seeking to raise $500 million. 

SEE ALSO: Maybelline deletes tweet about abandoning Snapchat for Instagram

"Our modern economy runs on knowledge. Today, knowledge lives in the cloud as digital content, and Dropbox is a global collaboration platform where more and more of this content is created, accessed, and shared with the world. We serve more than 500 million registered users across 180 countries," the S-1 document states.  Read more...

More about Box, Dropbox, Nasdaq, Drew Houston, and Tech Stock

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/_W_3_nfChZg/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable