Houston reportedly turned down the offer because he was trying to build an even bigger company, which is why there's so much hype around the Dropbox IPO. On March 14, 2017, Scott published Radical Candor, a distillation of everything she had learned about communication from her time at these high-performance companies. Jobs offered Houston a "nine-digit" acquisition offer in 2009, according to Forbes. ![]() ![]() Basically it is an alternative way of sharing attachments (documents etc) instead of email. According to , Houston would constantly forget his USB flash drive, and he was unhappy with other storage services at the time.Īfter launching Dropbox at the 2008 TechCrunch Disrupt conference, the storage company caught the eye of former Apple Inc. Q: What is Dropbox A: Dropbox is a file sharing application. Investors Have Waited for the Dropbox Stock Symbol Since 2014ĭropbox CEO Drew Houston came up with the idea for his company while studying at MIT in 2007. That's a sign Dropbox is nearing an IPO date.īut tech investors have waited for this company to go public for three years, and many aren't expecting a Dropbox public offering in 2017. Dropbox won't have a stock symbol until it files for a public offering, and we don't know when the digital storage company will go public.īut we do know Dropbox was looking for underwriters, according to a June 30 Reuters report. Some anxious investors are looking for the Dropbox stock symbol, but they might need to wait a bit longer until it's revealed. Save my name, email, and website in this browser for the next time I comment. Not sure which Dropbox plan is right for you Learn more about how our plans compare and choose the best individual or professional teams solution for you. Dropbox is a cloud storage service that lets you save files online and sync them to your devices. Sign me up for the Money Morning newsletter Your email address will not be published. Or to contact Money Morning Customer Service, click here. ![]() Comment on This Story Click here to cancel reply.
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