Dropbox files confidential IPO - report

(Telecompaper) Online file-sharing firm Dropbox has filed confidentially for an initial public offering in the US, according to unnamed sources cited by Bloomberg and later confirmed by Forbes. The company is valued by private investors at USD 10 billion, with Goldman Sachs and JPMorgan Chase set to lead the listing process. One source added that the company is looking to list in the first half of this year. …read more

Source:: TelecomPaper