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Dropbox IPO: an MIT success | Krishna K Gupta

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The incredibly successful Dropbox IPO changed many narratives, chief among them that Dropbox was greatly overvalued. I have tremendous respect for Drew’s resilience and leadership over the past 2-3 years in the face of skepticism and real challenges. It annoys me greatly that Boston missed...

The incredibly successful Dropbox IPO changed many narratives, chief among them that Dropbox was greatly overvalued. I have tremendous respect for Drew’s resilience and leadership over the past 2-3 years in the face of skepticism and real challenges. It annoys me greatly that Boston missed out. Like in many other cases, the Valley benefited massively from a seed that was planted at MIT, in Boston. Much of Dropbox’s early talent also had deep roots in Boston. While we must give credit to the Valley’s focus on product – Dropbox’s simplicity of function and design is not found often in…

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