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Such determination to sneer! Dropbox is not in any kind of nosedive. They have positive free cash flow margins that have grown steadily for three years [1]. T
by tomhoward 8y ago
Such determination to sneer!
Dropbox is not in any kind of nosedive. They have positive free cash flow margins that have grown steadily for three years [1]. That is precisely the opposite of a nosedive.
You'd have a point if we were talking about Uber, but we're not, we're talking about Dropbox, a company that has solid and improving financials, which is why it's trading at a healthy premium on its IPO price.
[1] https://medium.com/@alexfclayton/dropbox-ipo-s-1-breakdown-3c74742b10ac https://medium.com/@alexfclayton/dropbox-ipo-s-1-breakdown-3...