Equity podcast: Dropbox and Xiaomi want to go public, and how big is Telegram’s ICO?

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week was a corker. Our co-host Matthew Lynley is back, Katie and myself were on hand, and our guest, Shruti Gandhi from Array Ventures, was brilliant. And the news gods were kind, as there was quite a lot to get through. First, we looked into the… Read More

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Sequoia Capital just closed a giant new seed fund — and here’s how it works

 Sequoia Capital, the top-tier venture firm, has just closed on a $180 million new fund called Sequoia Scout III that’s focused exclusively on seed-stage opportunities. It’s a development startup founders will be watching closely, no doubt, which is why we caught up yesterday with Bryan Schreier, a Sequoia partner who sits on the boards of Dropbox, Thumbtack and Qualtrics among… Read More

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Dropbox files confidentially for IPO

 Dropbox has filed confidentially for IPO, according to Bloomberg. TechCrunch has also been hearing that the cloud company plans to go public in early 2018. The San Francisco-based business has been around since 2007 and there’s been speculation for years that it was getting closer to going public. But its $10 billion valuation raised the stakes, putting pressure on the company to wait… Read More

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Former Nike CFO Don Blair joins Dropbox’s board of directors

 As Dropbox continues its inevitable march toward an IPO, it’s going to look to bring in people with a lot of experience handling the operations of larger public companies — and it’s getting one today. Dropbox today said it is adding former Nike CFO Don Blair to the company’s board of directors. Blair will be joining the audit committee, the company said, and comes in with… Read More

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Dropbox acquires publishing platform Verst, will shut it down on Dec. 21

dropbox verst The team behind Verst is joining Dropbox, in an acquisition that marks the end of the Verst publishing platform. The startup actually started life as DWNLD, a platform that transformed websites into mobile apps. It raised a $12 million Series A led by Grelock Partners before shifting focus to Verst, which launched earlier this year as a blogging platform that has traffic and revenue… Read More

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Dropbox partners with Autodesk to help users collaborate on large design files

 Dropbox announced a couple of products today to make it easier for Autodesk users to access and share large design files. The products include an integrated desktop app for opening and saving Autodesk files stored in Dropbox and an app for viewing design files without the need for owning Autodesk. These products are long overdue given that Dropbox’s Ross Piper, who is head of ecosystem… Read More

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Dropbox Professional delivers new account option for freelancers and creatives

 Dropbox has a Plus account for those people who want extra storage and it has a business account for those who want extra features, but what it’s lacked until now was a product for sole proprietors and very small businesses who wanted some advanced features, but couldn’t justify upgrading to Business. Today, the company announced a new account level called Dropbox Professional… Read More

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