techcrunch.com – Dropbox boasts a valuation in the $10 billion range. Last February the company hired a new CFO, which for many startups is a signal that their IPO moment is coming sooner rather than later. Nobody knows for sure of course, and Dropbox isn’t talking, but if the company does decide to move forward with a flotation, it could face several challenges in spite of its strong market presence.
For starters, last week, tech stocks got dragged to the woodshed by Wall Street in a market that has turned ever more skeptical about growth over profits. Against this backdrop, any tech company thinking about an IPO, may want to hunker down until the bankers are in a better mood.
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