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> Dropbox says it is cash flow positive, in no rush to IPO This means the fundamentals are a shitshow and that they couldn't even if they wanted to. Investors
by tacos 10y ago
> Dropbox says it is cash flow positive, in no rush to IPO
This means the fundamentals are a shitshow and that they couldn't even if they wanted to. Investors believe they can get a better valuation via private sale than risk letting the public market provide a reality check. (See also: Sam Altman.)
They're getting bought; it's just a matter of when and how bad things get first.
- notatoad 10y ago>They're getting bought by who, though? There's not many companies that could acquire dropbox unless their valuation drops dramatically. Microsoft, Apple, and Google, and Amazon all have worthy competitors already, and don't seem too interested in investing a lot more in them. I can't see why facebook would be interested. Who else out there is acquiring companies with multi-billion dollar valuations - Maybe yandex or alibaba?
- tacos 10y agoI don't think it sells for anything close to $10B. At the $3-5B range there's no shortage of people who'd snap them up. EMC, Cisco, IBM. My money's on Microsoft.