Sunday, September 11, 2011

Apple wants Dropbox

A yet to be confirmed rumour indicates that Apple had offered to buy Dropbox for $800 million but the increasingly popular startup has declined the offer.

That would make perfect sense, and I would love to see this acquisition passing through, however, bearing in mind multiple billion valuation, $800 million offer makes very little sense.

P.S. I don't think that multiple billion valuation makes sense either.

# Posted via email from opportunity__cost