Dropbox Is Said to Be Planning to Go Public This Year [The New York Times]
Blue Apron Holdings, Inc. (APRN)
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Source: The New York Times
Photo Drew Houston, chief executive of Dropbox, helped found the online file storage company, which has filed confidentially to go public. Credit David Paul Morris/Bloomberg Silicon Valley has birthed many highly valued and hugely hyped start-ups in recent years, including Uber, Airbnb and Pinterest. Few of those companies have made it out onto the stock market successfully. Now Dropbox, the online file storage company that is part of Silicon Valley’s closely watched pack of “unicorns,” plans to try its luck. The company has filed documents to go public, people briefed on the matter said on Thursday. If Dropbox — last valued by private-market investors at about $10 billion — follows through on an initial public offering, it will become one of the highest-profile technology companies of late to seek a stock market listing. The company is on track to join Spotify , the online streaming giant, on the public markets, with Uber, Lyft
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