Deals
Dropbox Is in Talks With Advisers for Possible 2017 IPO
- Cloud-storage company said to hold early stage discussions
- Management said keen to get sense of possible public valuation
Dropbox Said to Discuss Possible IPO for 2017
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Dropbox Inc., the popular file-storage company, has met with advisers to discuss the possibility of an initial public offering as soon as 2017, according to people familiar with the matter.
Management wanted to talk about the feasibility of a listing and get a sense of the valuation the company could fetch from public market investors, the people said. The conversations were exploratory and no final decision has been made on a potential IPO, said the people, who asked not to be identified because the matter is private.