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Dropbox is preparing IPO documents with Goldman Sachs

By Becky Peterson
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Founder/CEO of Dropbox Drew Houston
Dropbox CEO Drew Houston may soon take his company to IPO.  Steve Jennings / Stringer / Getty Images

Dropbox is inching closer to an IPO and is currently working with Goldman Sachs on the paperwork for an offering, Bloomberg reports.

The file hosting service, last valued at $10 billion in 2014, is close to hiring Goldman Sachs as a "lead adviser" for an IPO that could happen as early as this year, according to the report. 

Goldman Sachs declined to comment to Business Insider. Dropbox did not immediately respond to a request for comment.

It was reported in late June that Dropbox was in the market for underwriters, and was set to start interviewing investment banks in July. 

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Becky Peterson Headshot
Becky Peterson
Becky Peterson was formerly a tech features correspondent focused on long-form profiles and investigations into the most interesting people and companies at the intersection of technology and finance.She's broken news on major tech stories including Palantir's work on Project Maven, Peter Thiel's $18 million estate in Miami (which was once featured on MTV's 'The Real World'), Jeffrey Epstein's tour of SpaceX, and Uber CEO Dara Khosrowshahi's insistence that employees take "the D."Previously, she covered enterprise tech and tech investment banking with a focus on M&A, IPO and venture capital deals in San Francisco. She graduated from New York University with a master's degree in media, culture and communication with an emphasis on technology and society. ExpertiseSilicon Valley, Venture Capital, Investment Banking, Jeffrey Epstein, Ghislaine MaxwellPopular articlesInside the turmoil at the Bill & Melinda Gates Foundation, where employees say divorce, Epstein, and vaccines have left some staffers polishing their résumésThe secret life of Ian Osborne, the shadowy 38-year-old cofounder of Chamath Palihapitiya's SPAC who has built the ultimate black book of billionairesSilicon Valley VCs are at war with the 'far left radicals' running CaliforniaInside the life of Ghislaine Maxwell's secret husband, a once-high-flying tech entrepreneur backed by Eric Schmidt who is now a central figure in one of the country's most high-profile legal casesRent the Runway CEO Jennifer Hyman, one of the most successful female founders, is fighting to save her companyJeffrey Epstein set Elon Musk's brother up with a girlfriend in effort to get close to the Tesla founder, sources sayA drunken late-night assault allegation has roiled the secretive world of Mark Zuckerberg's private family office. Personal aides are speaking out about claims that household staff endured sexual harassment and racism from their colleagues.
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