Friday, February 23, 2018

Dropbox Files To Go Public

500 million users, only 11 million of which are paying customers, and a $1 billion deficit doesn't sound too hot to me. Here's what the filing said:
  • Revenue: $1.11 billion in 2017, up 31 percent from the prior year
  • Net loss: $111.7 million in 2017, narrower than 2016's loss of $210.2 million
  • Average revenue per paid user: $111.91, up from 2016 but down from 2015
  • 500 million registered users, 100 million signed up since the beginning of 2017
  • More than 11 million paying users