Market Overview

Is Dropbox Working On An IPO? CEO Houston Says 'Nothing Right Now'


A TechCrunch article on Tuesday highlighted some interesting comments from Dropbox CEO Drew Houston at a recent Bloomberg Tech Conference.

When asked about Dropbox IPO'ing, Houston replied, "Nothing right now...We can do that on our own timeline."

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Becoming cash flow positive as of late, Houston said Dropbox is not in need of raising cash.

Houston touted the cash flow achievement as meaning the company controls its own destiny. "Instead of being funded by your investors, you’re funded by your customers."

Posted-In: Drew Houston Dropbox techcrunchNews IPOs Tech


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