Sequoia and founder Drew Houston are unusually big winners in the Dropbox payday

Re/code
By Theodore SchleiferFeb 23, 2018, 7:39 pm296 ptsTrending
Sequoia bought into the company when it was cheap. Here’s what that means today. Dropbox’s CEO and its first big institutional investor have amassed an unusually large percentage of the company. Dropbox, which unveiled its IPO documents on Friday, raised money relatively slowly on its way to its last…

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