After Reporting a GAAP net loss of $52.7 Million in 2019, Dropbox Announces a $600 Million Share Buyback Program..

The money would probably be better used to pay off debt — that, or maybe, I don’t know, reinvest into your business…Why would you do an equity offering, then buyback the exact same shares that you sold in the equity offering two years later while you’re losing money…It doesn’t make any sense.

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