Dropbox, a cloud storage and collaboration company that started 10 years ago in the San Francisco-based Y Combinator incubator program went public, its shares being close to 36 percent at the market close two days ago. This productive presentation made Dropbox the largest tech IPO beating Snapchat’s IPO in March 2017. The company ended the day of trading under a ticker symbol that showed “DBX,” with a market valuation of about $10 billion. Dropbox had a successful outcome even though the price of its shares was $21 per share which is higher than the $18 – $20 range it projected.
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