If you had invested $100 in Dropbox at IPO in 2018, you would now have $88
Feb 10
28 Comments
They raised Series C at $10b valuation in 2014. Their first VC backer, Sequoia, did not participate in funding Dripbox after 2011 Series B.
Stock reached $40 ATH closing price in June 2018 and is $25 today. How do they retain talent?
TC: π
(Edit, fixed title typo)
comments
That's not why I made the post though. I like talking about stocks and companies and it's the second worst performance of any tech IPO since 2015 that I'm aware of, after Lyft.
Pinterest stock also not doing too hot and I made a post about their recent below average earnings too.