Dropbox has indicated a price of $ 21 for its stock, ahead of its stock market debut today, on the NASDAQ. The company therefore has an estimated capitalization of around $ 8.3 billion, lower than previous estimates of the company's potential value of around $ 10 billion. The share price is still above the initially indicated range between 16 and 18 dollars, then moved to 18 – 20 dollars. The increase is due to the high demand for the shares and the successful presentation of the company among several institutional investors, such as large banks and investment funds. Dropbox has already raised approximately $ 750 million in the first phase of its initial public offering. Its listing on the stock exchange is one of the most anticipated of all 2018, both for the size of the company – with approximately 500 million users and a turnover in 2017 of 1 billion dollars – and for understanding how investments in large companies move. of Silicon Valley who are cautiously considering going public.
