Hacker News new | ask | show | jobs
by tomhoward 2897 days ago
Such determination to sneer!

Dropbox is not in any kind of nosedive. They have positive free cash flow margins that have grown steadily for three years [1]. That is precisely the opposite of a nosedive.

You'd have a point if we were talking about Uber, but we're not, we're talking about Dropbox, a company that has solid and improving financials, which is why it's trading at a healthy premium on its IPO price.

[1] https://medium.com/@alexfclayton/dropbox-ipo-s-1-breakdown-3...