Dropbox to go public with $500M IPO filing

Nearly everyone is familiar with the name Dropbox, one of the biggest file syncing and cloud storage services, and now the company is looking to take itself public. SEC documents have been unsealed this week, revealing that Dropbox has filed for an initial public offering to the tune of $500 million. This comes ten years after the company was founded, nine years after CEO Drew Houston turned down an offer from Steve Jobs, and a few years after it was valued at $10 billion.