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> The key is that they are all losing money so their fires are not self sufficient. Can't speak for the others but Dropbox is not losing money. (To be clear th
by rrdharan 10y ago
> The key is that they are all losing money so their fires are not self sufficient.
Can't speak for the others but Dropbox is not losing money. (To be clear they are free cash-flow positive but not profitable, however the point is they can survive indefinitely without raising more money.)
https://www.bloomberg.com/news/articles/2016-06-14/dropbox-ceo-pushes-toward-profitability-in-a-post-unicorn-era https://www.bloomberg.com/news/articles/2016-06-14/dropbox-c...
- ChuckMcM 10y agoThat is awesome. It puts them back in control of their destiny. Their larger investors could still screw them but at least they have some leverage. I would guess if they can put together 3 quarters in a row with positive growth and cash flow they will drop an S-1 to allow their major investors to liquidate their holdings.
- ChuckMcM 10y agoAnd a lot of people are speculating they will IPO this year, see https://www.technologyreview.com/s/603204/dropbox-could-have-one-of-2017s-most-interesting-ipos/ https://www.technologyreview.com/s/603204/dropbox-could-have...