Dropbox Files Confidentially for U.S. IPO

  • File-sharing company valued privately at $10 billion
  • Goldman Sachs, JPMorgan are said to lead potential listing
Dropbox is said to have filed confidentially for an IPO. Bloomberg’s Alex Barinka reports.(Source: Bloomberg)
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Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a U.S. initial public offering, people familiar with the matter said.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. will lead the potential listing, according to the people, who asked not to be identified because the filing wasn’t public. Dropbox is talking to other banks this month to fill additional roles on the IPO, the people said. The company is aiming to list in the first half of this year, one of the people said.