While Dropbox may not have the glamour of a ride-hailing app like Uber or a streaming music service like Spotify - both of which are likely initial public offering prospects - the company is in the same broad group known as “unicorns,” which are start-ups valued at more than $1 billion by the private investors that have so far funded their growth.
On Friday, there was an answer: Dropbox, an online file storage company privately valued at about $10 billion, filed paperwork to raise up to $500 million in an initial public offering. In Silicon Valley and on Wall Street, it has long been a guessing game about which of the most richly valued technology start-ups would be next to test the public markets.
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