Dropbox marked down 34% in expected secondary sale of stock

Dropbox is reportedly expected to approve a secondary sale of its stock at a price that is about 34 percent below what its private backers paid in its last funding round.

Buzzfeed cited documents for a deal it said is being handled by EquityZen, which says that all of its private stock sales are approved by the companies whose shares are being sold. These types of deals give startup employees and others a chance to to sell stock in tech startups whose shares aren’t publicly traded.

San Francisco-based…


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