Drew Houston on wooing Dropbox’s IPO investors: “We don’t fit neatly into any one mold”

Dropbox went public this morning to great fanfare, with the stock shooting up more than 40% in the initial moments of trading as the enterprise-slash-consumer company looked to convince investors that it could be a viable publicly-traded company. And for one that Steve Jobs famously called a feature, and not a company, it certainly was […] Continue reading Drew Houston on wooing Dropbox’s IPO investors: “We don’t fit neatly into any one mold”

Netflix, Dropbox promise not to sue security researchers, with caveats

Netflix and Dropbox have both noted recently that they won’t sue security researchers who find and disclose vulnerabilities in their products. The only caveat is: the researchers must conduct the research in line with their vulnerability disclosu… Continue reading Netflix, Dropbox promise not to sue security researchers, with caveats

Dropbox finishes up 36% on first day of trading

Dropbox was off to the races on its first day as a public company. After pricing above the range at $21 per share, raising $756 million, Dropbox kicked off its first day soaring to $31.60, and closing the day at $28.48. This is up almost 36%. It’s surely a sign of public investor enthusiasm for […] Continue reading Dropbox finishes up 36% on first day of trading

Y Combinator’s Jessica Livingston on Dropbox IPO: “It was just a dream of ours”

Dropbox, after more than a decade, finally went public this morning — and the stock soared more than 40% in its initial trading, making it a marquee success for one of the original Web 2.0 companies (at least for now). While we still have to wait for the dust to settle, it’s been a very […] Continue reading Y Combinator’s Jessica Livingston on Dropbox IPO: “It was just a dream of ours”

Dropbox prices above its original range at $21 as it heads toward an IPO

Dropbox is pricing above the range it originally set ahead of its public listing tomorrow, handing the company a valuation inching ever-closer to its original $10 billion valuation, according to a report by CNBC. Dropbox earlier this week said it would price its initial public offering in a range between $18 and $20 per share, […] Continue reading Dropbox prices above its original range at $21 as it heads toward an IPO

Dropbox revamps vulnerability disclosure policy, with hopes that other companies follow suit

Dropbox updated its vulnerability disclosure policy Wednesday, not only looking to clarify its relationship with cybersecurity researchers, but also attempting to set a standard for the rest of the tech industry. The San Francisco file-hosting company said the move is a response to “decades of abuse, threats, and bullying” against researchers who find and describe bugs in commercial software. Lawsuits are common, and journalists as well as traditional researchers can be caught up in fights over vulnerability disclosures. The highest-profile ongoing lawsuit is Keeper Security’s defamation suit against Ars Technica journalist Dan Goodin about an article that described flaws in Keeper’s password manager. Dropbox’s new policy — which the company invited others in the industry to use as a template — was updated with the following elements: A clear statement that external security research is welcomed. A pledge to not initiate legal action for security research conducted pursuant to the policy, including good faith, […]

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Continue reading Dropbox revamps vulnerability disclosure policy, with hopes that other companies follow suit

Dropbox boosts its price range for its IPO as it nears an $8B valuation

Dropbox said it would be increasing its IPO price range – the range for which it will sell its shares for its initial public offering — from $16-$18 per share to $18-$20 per share, giving the company a valuation that could reach close to $8 billion, according to an updated filing with the Securities and […] Continue reading Dropbox boosts its price range for its IPO as it nears an $8B valuation

Enterprise subscription services provider Zuora has filed for an IPO

Zuora, which helps businesses handle subscription billing and forecasting, filed for an initial public offering this afternoon following on the heels of Dropbox’s filing earlier this month. Zuora’s IPO may signal that Dropbox going public, and seeing a price range that while under its previous valuation seems relatively reasonable, may open the door for coming […] Continue reading Enterprise subscription services provider Zuora has filed for an IPO

Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M

 After announcing an IPO in February, today Dropbox updated its S-1 filing with pricing. The cloud services and storage company said that it expects to price its IPO at between $16 and $18 per share when it sells 36,000,000 shares to raise $648 mi… Continue reading Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M

Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M

After announcing an IPO in February, today Dropbox updated its S-1 filing with pricing. The cloud services and storage company said that it expects to price its IPO at between $16 and $18 per share when it sells 36,000,000 shares to raise $648 million … Continue reading Dropbox sets IPO range $16-18, valuing it below $10B, as Salesforce ponies up $100M