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Dropbox sets terms for $612 million IPO

DBX

Dropbox, a web-based cloud storage provider, announced terms for its IPO on Monday. The San Francisco, CA-based company plans to raise $612 million by offering 36 million shares (25% insider) at a price range of $16 to $18. At the midpoint of the proposed range, Dropbox would command a fully diluted market value of $7.6 billion. Dropbox has raised $625 million privately,...read more

After falling 23%, has Box's drop boxed in Dropbox's valuation?

DBX

Box (BOX) fell 23% on Thursday after giving weak revenue guidance for the coming year. Unless Dropbox's (DBX) enterprise product is taking market share, Box's decline should weigh on the IPO valuation Dropbox proposes. In 2014, Dropbox was valued privately at $10 billion. Four years later, its sales have more than doubled to $1.1...read more

Renaissance Capital's 2015 US IPO Annual Review

FIT

Coming off of two banner years, the 2015 IPO market was a disappointment with 169 IPOs raising only $30 billion, a six-year low. There is no single explanation for the decline in 2015 activity; rather, it was driven by a number of factors, including uncertainties about Federal Reserve and European monetary policies, concerns over the Chinese economy, poor IPO performance, declining...read more

US IPO Market Off to a Slow Start: Renaissance Capital's 1Q 2015 Review

ONCE

Click here to view the full report. PDF 2015 US IPO Market Off to a Slow Start After a record year in 2014, the IPO...read more