Wednesday, May 1

Search Results for: dropbox

Dropbox Dominates Share Market as Valuation Soared After IPO

Dropbox began its market debut extremely well as shares topped their marketed range in the biggest technology initial public offering (IPO) of the year. One share was valued at $28.48 when the market closed in New York on Friday, thus empowering the file sharing company with a market valuation worth $11.2 billion. They rose over […]

Dropbox Drops Valuation by $2.5 Bn Ahead of IPO

Dropbox, the file storage company, set proposed terms for its initial public offering. The company’s IPO owns 36 million shares on offer, 5.4 million as underwriter green-shoe offering, a $16-$18 per-share price range, a maximum initial sale of $648 million and a fully-cocked $745.2 million bill including the green-shoe shares. This puts the valuation of […]

Dropbox Goes For the IPO, Looking to Raise $500 Million

San-Francisco based file storage startup Dropbox filed for the IPO at US Security exchange. The file sharing platform looking to raise $500 Million through this initial public offering. The company will list as a ‘DBX’ on Nasdaq. Dropbox known as a file, photo, video sharing platform. Where people can send the large data to others […]

Aditya Agarwal Promoted as a CTO of Dropbox

Aditya Agarwal, Dropbox current VP of Engineering, will be taking on the role of CTO, the file sharing company said in a press release. In this new position, Aditya will lead Dropbox, a file hosting service, innovation efforts while continuing to manage our world-class product engineering team. Arash Ferdowsi, the co-founder of the company, who’s served […]

Peter Thiel to Retire from Meta Board of Directors

MENLO PARK, Calif., Feb. 8, 2022– Meta (NASDAQ: FB) announced today that Peter A. Thiel, Partner at Founders Fund and PayPal co-founder, has decided not to stand for re-election to the Board of Directors of the Company at the Company’s 2022 Annual Meeting of Stockholders. Thiel has been a member of the company’s board of […]

Top Five Funding of the Week (12th Nov – 17th Nov)

We have again come up with the top five funding activities that took place this week. Funding is one of the most important steps in the growth of a business. Therefore, every week, we throw light on the important funding activities. This week was very active in terms of funding process and the company that […]

Meditation App Simple Habit Raises $10 Million in Series A Funding

US based five-minute meditation app Simple Habit has reportedly secured an amount of $10 million in Series A funding round. This round was led by Silicon Valley-based venture capital firm Foundation Capital. With this, the developer’s total funding has reached up to $12.5 million. Prior to this, Simple Habit previously raised $2.8 million from seed […]