Dropbox CEO Talks IPO With CNBC

Stock rises 40% on its opening day

Author's Avatar
Mar 23, 2018
Article's Main Image

Drew Houston, co-founder and CEO of Dropbox Inc. (DBX, Financial), left the celebration of his company's initial public offering to talk with CNBC. In addition to the company's debut on the Nasdaq, which came after a horrible week for tech stocks, he discussed its future plans.Â

Priced at $21 a share, Dropbox's opening trade was $29 Friday morning.Â

He also chatted with Bloomberg:Â