
Season 2, Episode 5: The Dropbox IPO
Acquired
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Dropbox Cash Flow Profits, Not Revenue
In the day, Dropbox offered 250 meg per person who signed up for an account that you invited. Today, half a billion people have accounts and 2.2% of them are paying. Even with that very small percentage, last year, Dropbox made 300 million in free cash flow.
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