Dropbox faces pressure from activist investor to end co-founder's control, WSJ reports-March 2024-www.financetom.com

Dropbox faces pressure from activist investor to end co-founder's control, WSJ reports

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Dropbox faces pressure from activist investor to end co-founder's control, WSJ reports

Mar 24, 2025 1:56 PM

March 24 (Reuters) - Cloud storage provider Dropbox ( DBX )

is facing pressure from an activist investor to end

founder control of the company, the Wall Street Journal reported

on Monday, citing people familiar with the matter.

Half Moon Capital, a small hedge fund, is criticizing the

company's slowing revenue growth and taking issue with its

strategy on payment tiers, the report said.

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