Dropbox seeks to raise up to $648M in IPO, with an $8B valuation target

Dropbox Inc. today revealed plans to raise up to $ 648 million in its forthcoming¬†initial public offering, which would give it a valuation as high as $ 8 million when taking into account restricted stock. The IPO will see the cloud storage company sell 36 million shares for $ 16 to $ 18 apiece. In a¬†regulatory filing, Dropbox specified […]

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