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Dropbox to go public with conservative valuation

By Alex Barinka Bloomberg News

This article was published March 13, 2018 at 1:52 a.m.

a-dropbox-sign-at-the-brooklyn-beta-conference-in-the-brooklyn-borough-of-new-york-on-oct-12-2012-must-credit-bloomberg-photo-by-mark-ovaska

A Dropbox sign at the Brooklyn Beta conference in the Brooklyn borough of New York on Oct. 12, 2012. MUST CREDIT: Bloomberg photo by Mark Ovaska.

Silicon Valley darling Dropbox is aiming to go public at a valuation well below the $10 billion it clocked in its last private funding round, despite posting healthy revenue growth and turning cash-flow positive in the intervening four years.

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