Wednesday, August 31, 2011

Drew Houston of Dropbox is a billionaire

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Today, Mike Arrington wrote that Dropbox, a four-year-old file sharing and storage company, raised a massive round at a $4 billion valuation.
(If you're wondering what business model justifies such a high valuation, we wrote about it here.)
Dropbox would not comment on the round, merely stating: "We do not comment on rumors or speculation."

Posted via email from Inspiration

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