Buy DBX by Jun 23, 2033.

Thoughts on my drop box thesis? I estimate that it is 33% undervalued and can generate a 16% IRR over the next 7 years. \- over 18 million paying users. \- Priced as though the company is bleeding users when in fact they have increased by 5 million over the last 5 years (with a 200k reduction from their peak of 18.22 million - this looks to have stabilized). \- If they are able to maintain their paying users by …