Dropbox Inc. (NASDAQ:DBX) has announced that they have committed $230 million to purchase document workflow and e-0signatiure start-up HelloSign. The acquisition is a way to entice their free users to move into paid subscription as well as expand their reach beyond consumers to enterprise customers. Expanding their products The acquisition […]
Tag: Dropbox Inc.
Dropbox Inc (NASDAQ:DBX) Unable To Live Up To The $12 Billion Valuation
Dropbox remains one of the largest Initial Public Offerings (IPO) this year. As mentioned above, the company managed to raise $756 million from the ICO scoring an insane valuation of $12 billion. However, current trends on the company’s stock indicate that the company is unable to justify the valuation. This […]
CEO Drew Houston Reveals That Dropbox, Inc. (NASDAQ:DBX) Was Bootstrapped At Some Stage And Might Have Got Into ‘Zombie Mode.’
Dropbox, Inc. (NASDAQ:DBX) has announced their financial results for the third quarter of 2018 that ended on September. In a statement after announcing the results, Dropbox CEO and Co-founder, Drew Houston indicated that the company delivered a strong execution in the third quarter which was behind their healthy growth and […]