Dropbox files to go public with over $1.1 billion in annual revenue

(Source: CNBC)¬†Unlike many cloud companies that rely on enterprise sales teams, over 90 percent of Dropbox’s revenue comes from users purchasing their own subscription, the company said. Still, the loss-making company has about $1.7 billion in contractual obligations, like leases, outstanding. Dropbox also has a multi-million dollar¬†…