Season 2, Episode 5: The Dropbox IPO

And then they raised. Three hundred and fifty at a Ten billion dollar. Plus money, so they sold three percent of the company. God's crazy. Mm-hmm.

Welcome to episode 2, Season 5 of Acquired, the podcast about technology acquisitions and IPOs. I'm Ben Gilbert, I'm David Rosenthal, and we are your hosts. We are coming at you 24 hours after the trading began for the initial public offering. Dropbox. David, what do you think? It was a big day here in uh here in San Francisco yesterday. Is the window open? Are we uh are we about to see a whole bunch of these? Are we are we about to see the stampede of unicorns? Uh I wish. I think we're

Well, I think the window's open. Uh I don't think it's gonna be a stampede, but maybe it'll be a uh slow procession. Which would be a good thing for everybody. Um, listeners, as you know on on the show, we generally like to uh do most of our episodes taking a good amount of time since either the acquisition or the IPO happens so we can analyze, you know, was it a good decision for an IPO? Was it a good idea to um hit the public markets and raise that money and what did they end up doing with it or with an acquisition, what did the acquirer end up doing with the acquiree. But sometimes the current narratives and the story is is so juicy and there's such a good backstory to the company and a narrative to talk about how they got where they got, where we just got to do it. And so we are uh um

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