Dropbox granted stock worth about $190 million to three executives last year as the file-sharing company prepared for an IPO. CEO Drew Houston, Co-founder Arash Ferdowsi and Senior VP of engineering, product and design, Quentin Clark, who earn base salaries of $400,000 each, received the rewards. Houston and Ferdowsi haven’t received equity awards since they founded Dropbox, the filing said.
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01:07 pm on 25 Feb
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https://www.inshorts.com/en/news/dropbox-gave-3-executives-stock-worth-$190-mn-before-ipo-1519544279824