MLB: Arizona Diamondbacks at Chicago Cubs
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peHUB Second Opinion

In Second Opinion, we wonder why Wrigley Field is suddenly so empty, WalMart slashes the price of the iPhone 5S to $79, and EBay is considering spinning off of PayPal.

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Predictive Edge acquired by Dropbox

Predictive Edge said it has been acquired by Dropbox, according to a posting on the company’s Website. No financial terms were disclosed. The company said it would no longer support its A/B testing product. Predictive Edge raised a seed round from Great Oaks Venture Capital and angels Nat Turner and Zach Weinberg. It participated in the Startx accelerator affiliated with Stanford University.

googleglass
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peHUB Second Opinion

In Second Opinion, Barclays is cutting hundreds of jobs this week, coders are going crazy over Apple’s new programming language and Myspace is blackmailing users with old photos to win them back.

zuckerberg
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peHUB Second Opinion

In Second Opinion, JustFab is seeking funding of $50 mln to $100 mln ahead of an IPO, Condoleezza Rice sorta talked about her appointment to Dropbox’s board and Square expects to be profitable in next year. Plus Happy Birthday, Mark Zuckerberg.

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peHUB Second Opinion

Today in Second Opinion, 8 million people have signed up for Obamacare, Blackrock’s Q1 profit climbed 20 percent, Dropbox does more acquisitions and we will miss you Gabriel Garcia Marquez.

VC-backed Dropbox names former Secy of State Rice to board of directors

According to an announcement on its site made by CEO and founder Drew Houston, Dropbox has added former Secretary of State Dr. Condoleezza Rice to its board of directors. Rice served in her post under former President George W. Bush. Also, the firm has named Sujay Jaswa as its chief financial officer and Dennis Woodside as its chief operating officer. Based in San Francisco, Dropbox allows computer users to share photos, documents and videos anywhere without emailing files. Its backers include Sequoia Capital, Accel Partners, Benchmark, Goldman Sachs, BlackRock and Morgan Stanley. To read further details about Dropbox expanding its leadership team and adding Rice to its board, visit here.

camel
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peHUB Second Opinion

Today in Second Opinion, El Pollo Loco is looking to go public, Dropbox unveils Carousel, Apple sours on making an offer for Square and White Castle is now offering breakfast.

Mark Cuban, The Champ, Sounds Off

NBA champion Dallas Mavericks owner Mark Cuban likes early-stage startups. He doesn’t like the Miami Heat, who his Mavs will square off against when the league kicks its season on Dec. 25. And, from the sound of it, he still doesn’t much care for Box.net’s prospects, either. I caught up with Cuban after his keynote […]

Box.net to IPO, Likely to Raise More Cash First

Box.net is going public! Probably. Not soon, though, said Aaron Levie, the startup’s CEO. “It is part of the plan,” he acknowledged, when I had the opportunity to catch up with him in New York City during a visit (or, more like, whirlwind tour). He’ll be here a bit more often, for events, and later, […]

Dropbox’s Mega-Round Comes with Bullish Revenue Projections

So, how did Dropbox get itself valued at approximately $4 billion and rope in a quarter-bil from investors including Index Ventures and Goldman Sachs? For one, the company aims to grow its revenue almost ten-fold over the next couple of years, peHUB has learned. Projections provided to investors in its most recent round have Dropbox’s […]

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