Dropbox Gets Ready To Go Public (cBinsights)

Dropbox Gets Ready To Go Public Ahead of its initial public offering, Dropbox raised the price range for its IPO by $2 on Wednesday, indicating healthy demand for the company’s shares. The cloud storage firm will be listed on the Nasdaq on Friday in what will be the first major tech IPO of the year. At the current price range of $18 to $20, Dropbox could raise up to $720 million at a valuation of $7.8 to $8.7 billion. The following chart shows how the company's valuation measures up against other high-profile tech IPOs of the past few years. Read more.