Dropbox says no immediate IPO plan

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/u5_Ms3gsfx.uX3SW2UOehA--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/afp.com/fff0ceab3895b142b29f969426bf598089f089a8.jpg (http://news.yahoo.com/dropbox-says-no-immediate-ipo-plan-214902518.html)Cloud storage firm Dropbox, one of the best-known Silicon Valley startups, has no imminent plans for a public share offering, founder and chief executive Drew Houston said Monday. "We don't have any plans right now," Houston said during a question-and-answer session at the TechCrunch Disrupt conference in San Francisco. Dropbox, a popular application which allows individuals and businesses to access documents, photos and data from multiple devices, has a valuation estimated at some $10 billion, according to the research firm CB Insights.



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