Media Outlet:
CBS News Publication Date:
Description:
Experts believe that DropBox, founded by EECS alums Drew Houston ’05 and Arash Ferdowsi ’08, may forge a path for more “unicorn” startups, writes Kate Gibson for CBS News Money Watch. “Demand for its shares is an indication that investors aren't overly worried about rival providers of cloud-storage services, including Microsoft, Google and Amazon.”