Dropbox, a company that turned down an offer from Steve Jobs in 2009, is finally going public

The place where you may or may not store and share your photos, PDFs, and other documents is going public. 

Dropbox, a cloud storage company based in Silicon Valley's heart San Francisco, is listing on the Nasdaq under the stock ticker $DBX, according to its S-1 document unveiled by the Securities and Exchange Commission (SEC) on Friday. Dropbox was most recently valued at $10 billion and is now seeking to raise $500 million. 

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"Our modern economy runs on knowledge. Today, knowledge lives in the cloud as digital content, and Dropbox is a global collaboration platform where more and more of this content is created, accessed, and shared with the world. We serve more than 500 million registered users across 180 countries," the S-1 document states.  Read more...

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via Zero Tech Blog

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