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Dropbox dials down its valuation goals as its IPO nears

Retrieved on: 2018-03-11 21:59:53

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Dropbox dials down its valuation goals as its IPO nears. View article details on hiswai:

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<div>... of Dropbox, will hold 22% of the shares outstanding after the offering, or 24% of the voting power, according to the filing. Arash Ferdowsi, co-founder and director, will hold 8.8% of the shares. The pair started Dropbox in 2007. <b>Sequoia Capital</b>, one of Dropbox's early investors, will own a 21.1% stake.</div>

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