Crunchbase dropbox

But it could serve as a warning sign all the same for the market. Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily. Last year was a blockbuster year for the public markets and saw a record number of special purpose acquisition companies go public. All told, Find the right companies, identify the right contacts, and connect with decision-makers with an all-in-one prospecting solution.

Alex Wilhelm alex. Tags Dropbox. You may also like. The Menlo Park, California-based firm is the largest investor focused exclusively on edtech. Sophia Kunthara. January 3, Learn More. Follow us on Twitter Morning Markets: Dropbox is buying HelloSign for nearly a quarter billion dollars. Good Monday morning, and welcome back to work.

Follow Crunchbase News on Twitter. But the real news that matters in startupland is that Dropbox has gone shopping. The real impact will be lower, however.

On the HelloSign side of things, the cash abundance turns into a cash dearth. With ample competition in the market, including Adobe Sign and the recently-public DocuSign , perhaps HelloSign felt it might fit better into a platform. I can see the logic in that. So Dropbox can afford the deal, and HelloSign likely finds the exit inviting. Why did Dropbox write the check? And in SaaS, like any business category, growth is a revenue-value amplifier. The faster your business grows today, the more it may be worth in the future.

Thus, investors are willing to pay more for growth-y revenue than less growth-y revenue, everything else held static. Which would be welcome at the file-focused firm. More growth might help Dropbox get closer to that figure.