Quote:
Originally Posted by Xenophon
Many posters here appear to have missed an important part of the original story/rumor:
Apple offered to buy DropBox for $800M... back some time ago long before DB raised more money at a price that values DB at $4B.
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Xenophon-BusinessInsider made that distinction, that the offer was before they raised $4 billion,
but the OP's link says:
Quote:
After having gained around $4 billion in a round of funding, Dropbox’s revenue for this year is expected to be $100 million. ...
If this source is to be believed, Apple saw this opportunity to strike gold and offered Dropbox $800 million however the company has declined their offer because they too think that this is just the beginning for Dropbox.
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(emphasis mine)
BusinessInsider's quote:
Quote:
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Before file-storage-on-the-Internet service Dropbox raised a huge round at a $4 billion valuation, it underwent an M&A process.
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(emphasis mine, again.)