You have to believe that Dropbox is idiotic for that to be true. The media is notorious for misreporting deals, you really have to read between the lines to eve

You have to believe that Dropbox is idiotic for that to be true. The media is notorious for misreporting deals, you really have to read between the lines to even attempt to see the truth - journalists tend to lack financial training/knowledge. What's more likely? 1)Dropbox is run by idiots who get all excited by reading TechCrunch and Twitter, so they jump at the opportunity to overpay for an unproven app without thinking it through. or... 2)Mailbox dovetails nicely with Dropbox's plans and culture, and is a solid app to kickstart something that Dropbox would have done themselves anyhow. They get talent to boot. And they pay, not up front, but over time as Mailbox meets the high expectations implied up by a potential value of $100M. I have no idea what the terms and strategy of that deal were/are, but I'd bet they look a lot more like 2 than 1.