I.R.I.S.

International Research and Intelligence Studies

Crunchbase

Dropbox sets IPO terms

This morning Dropbox, the popular file storage company, set proposed terms for its initial public offering. It’s seeking to raise $648 million at an initial valuation of over $7 billion. Shares are likely to begin trading next week.

Bird raising $100M for scooter rentals

Bird, a startup that offers short-term rentals of electric scooters, is raising up to $100 million at a reported valuation around $300 million. The Santa Monica, Calif.-based company was launched just last year by a former Uber executive.

VCs dial back on subscription boxes

Subscription box startups started becoming popular with consumers and venture investors about eight years ago. But funding for the space appears to have peaked a few years ago, with investment levels down significantly last year, a Crunchbase News analysis finds.