Post-IPO Dropbox must overcome big challenges before it turns a profit

The long-awaited Dropbox IPO brought a mix of cheers and sighs of relief echoing across a badly battered Silicon Valley desperate for a shiny nugget of good news. Dropbox went public at $21 per share, having raised its offering price before the IPO. And it closed the first day of trading at $28.48 per share. Here were a couple of well-respected cof…Read More