Dropbox, Information Asymmetry, and Smart Money

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Dropbox is a complicated business situation but a relatively straightforward trade. Covid-19 has an ambiguous effect on them: IT budgets are strained (Gartner expects an 8% cut to IT budgets this year), but file storage is more important for remote work. So it’s a tug of war between lower spending and higher share of what’s left. Which side wins? I don’…

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