Dropbox: Shareholder demands end of founder control Dropbox
Cloud storage company Dropbox is feeling the pressure from activist investor Half Moon Capital. This small hedge fund is pushing to end founder control within the company. According to the Wall Street Journal, the reason for this is the stagnating revenue growth and dissatisfaction with the platform's pricing strategy. Half Moon Capital is targeting Dropbox's [...]
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Dropbox is a California-based cloud platform that provides solutions such as document management, collaboration and file sharing for sectors such as media and construction.
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