11 Mar UPDATE 4-Dropbox IPO price range puts valuation nearly a third below peak
March 12 (Reuters) – Dropbox Inc on Monday offered a
price range for shares in its initial public offering that would
value it at up to $7.1 billion, nearly a third below the
valuation it commanded in 2014, a clear sign of how overheated
the private tech market became a few years back.
price range for shares in its initial public offering that would
value it at up to $7.1 billion, nearly a third below the
valuation it commanded in 2014, a clear sign of how overheated
the private tech market became a few years back.
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