![]() The rest of the major Dropbox shareholders come from the world of venture capital. They all hold a modest stake in the company, included in that 36.6% figure. Mylod, Jr, managing partner at Annox Capital Management and the former CFO at Priceline Group. ![]() Jacobs, the executive chairman of Qualcomm and Robert J. Blair, director of the material science company Corning Incorporated and the former CFO at Nike Bryan Schreier, a partner at Sequoia Capital Paul E. However, Dropbox does say that all of its directors, and all of its executives, all together, own 36.6% of the company, with 35.5% voting power.įormer Secretary of State Condoleezza Rice will make bank on the Dropbox IPO.īesides Rice and Whitman, Dropbox board members include Donald W. Otherwise, individual executives and members of the board of directors own less than 1% of Dropbox. Arash Ferdowsi, Houston's co-founder, has 10.3% of ownership in Dropbox, giving him 9.8% of all voting power at Dropbox. Here's who else stands to get rich off of Dropbox's public offering:ĭrew Houston, Dropbox CEO and co-founder, holds a ownesrship stake in the company of 25.5%, giving him 24.4% of all voting power at the company. And her stake could get far more valuable, depending on how Dropbox's IPO performs. With the company valuing each of those shares at $7.01 as of the end of 2017, that makes Rice's stake worth about $156,000. Indeed, the filing reveals that Rice, specifically, currently holds 22,356 Class B shares of Dropbox. That includes Houston's cofounder Arash Ferdowski, the venture capital firms Sequoia Capital and Accel, two advisory firms and the company's board of directors.Īnd the Dropbox board of directors includes some high-profile figures, including former HP Enterprise CEO Meg Whitman and former United States Secretary of State Condoleezza Rice. In its S-1 filing with the Securities and Exchange Commission, Dropbox revealed its biggest shareholders. Perhaps more surprising though: Former HP Enterprise CEO Meg Whitman and former US Secretary of State Condoleezza Rice both have a piece of the pie.ĭropbox CEO and cofounder Drew Houston is set to make a pretty penny when the cloud storage goes public, as it filed to do on Friday. ![]() Among its biggest shareholders are CEO Drew Houston and his co-founder Arash Ferdoswi.Dropbox filed its S-1 on Friday, revealing ample information about who owns stakes in the $10 billion file sharing company.Account icon An icon in the shape of a person's head and shoulders. ![]()
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