Digging Into And Beyond The S-1
The expected per-share price range of Dropbox's long-awaited IPO was finally announced, but the timing has yet to be unveiled.
Despite the excitement building around what could be one of this year's biggest IPOs, it is important to remember that Dropbox, despite fast-growing sales, has yet to turn a profit, and exists in a cloud storage environment dominated at the high end by some of the biggest names in tech -- think Amazon, Google, Microsoft and Apple -- and by a host of channel-focused rivals in the SMB market.
Much information about the financial strength of Dropbox and the competitive environment in which it exists can be found in the company's S-1 filing, which was recenlty updated. CRN delved into the S-1 in relation to what is happening elsewhere in the industry for a look at key facts about Dropbox.