Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a US initial public offering, people familiar with the matter said.
Bloomberg reported Thursday that Dropbox had filed for an IPO using the Securities and Exchange Commission's confidential reporting system, which allows Dropbox to submit its initial income statements and balance sheets to the SEC without letting the public pore all over the details.
Dropbox achieved its $10 billion private valuation in its last private funding round in 2014.
The IPO will be a key test of Dropbox's worth after it was valued at nearly $10 billion in a private fundraising round in 2014.
According to Bloomberg, Goldman Sachs and JPMorgan are leading the listing. But bankers and analysts said numerous biggest potential market debutantes would likely sit on the sidelines for another year, having already raised enormous sums in the private markets.
Google announced a new standalone wireless VR headset
Interestingly, HTC VIVE has also added dual front-facing cameras, something that developers could find creative uses for. The creators of the HTC Vive Pro carefully approached the issue of load distribution on the user's head.
As of August, Dropbox had 500 million users, including 200,000 businesses, storing and sharing files online through its cloud service. Dropbox plans to hire more banks as advisers, they said. The company declined to comment on the news, as did Goldman Sachs and JPMorgan.
Several big USA technology companies such as Uber Technologies Inc and Airbnb Inc have resisted going public in recent months, concerned that stock market investors, who focus more on profitability than do private investors, would assign lower valuations to them.
But Dropbox's road has also been bumpy.
Since then, Houston and his management team have focused on containing costs while building out features like collaboration services and shared document creation.
Dropbox is likely to argue that its bigger user base and greater reliance on word-of-mouth to gain consumers should mean that it is valued higher than Box.
Gruden coached the Raiders from 1998 to 2001 before being traded to the Tampa Bay Buccaneers and capturing Super Bowl XXXVII. Oakland Raiders owner Mark Davis was relentless in his pursuit of Jon Gruden - perhaps too relentless.
Previously, Walmart's starting hourly pay was $9 for all part-time employees amd $10 for those who completed a training program. The company is also giving full-time mothers 10-weeks of paid maternity leave and fathers six-weeks of paid parental leave.
Things aren't all lost for Paul though, for the vlogger can still look to monetize his videos via the YouTube Partner Program. Paul was highly criticized for posting a video from a Japanese forest that is believed to be a suicide destination.
All of this was established before the Knights went out and beat the Auburn Tigers, staking a legitimate claim to the title. Alabama hasn't played a non-conference home-and-home since it played Penn State in 2010 and 2011.
Though Kim wants to be a part of the baby once it is born she certainly seems to be enjoying this period of not carrying the baby. "She'll be hands-on from the beginning", a source close to the family added.
Asked if that meant Trump son-in-law Jared Kushner was no longer of interest to the committee, Grassley said, "no, not at all". Feinstein said that she was trying to set the record straight after speculation about Simpson's interview.
USA Today reported Tuesday that Williams was paid less than $1,000 for the re-shoot, while Wahlberg made $1.5 million. Again as is typical, the main woman involved - Williams - realized what she needed to do to help salvage the project.
Luka Modric was not at training Tuesday morning, with El Mundo reporting he was settling a problem with the local tax authority. I can not think two or three years down the line, as I know how it is here, even having a contract, which means nothing.
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