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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

(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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