Calling Dropbox having an uphill battle to prove their valuation is quite an understatement.
Box is trading at about 6x their forward revenue in valuation, versus cloud industry's 10-12x average, and during the last Dropbox round it was rumored it was valued at 40X its forward revenue.
Meanwhile Box is winning major partnerships and customers left and right and the market still hates it, I really wonder how Dropbox is gonna tell their story considering their vast consumer user base is a liability instead of asset when it comes to profitability.
Box is trading at about 6x their forward revenue in valuation, versus cloud industry's 10-12x average, and during the last Dropbox round it was rumored it was valued at 40X its forward revenue.
Meanwhile Box is winning major partnerships and customers left and right and the market still hates it, I really wonder how Dropbox is gonna tell their story considering their vast consumer user base is a liability instead of asset when it comes to profitability.