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Thursday, April 27, 2017

Dropbox really wants us to know its finances are healthy

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 We’re healthy enough to IPO but we’re not going to just yet — that was the subtext of an interview that Dropbox CEO Drew Houston had on Bloomberg earlier this afternoon. Houston asserted, for the first time, Dropbox is profitable on an EBITDA basis.
EBITDA or Earnings before interest, tax, depreciation and amortization is a financial metric typically used to compare businesses. Read More

April 27, 2017 at 03:33AM

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from John Mannes

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