Dropbox's prospectus offers encouragement to a weary IPO market

Dropbox is not only the largest IPO since Snap, it's the company likely to have the biggest influence on this year's IPO market.

Despite the abrupt market correction two weeks ago, there's reason to expect that the public market the IPO will launch into will be more welcoming to a well-known tech company. New corporate tax cuts will leave companies with more capital for stock buybacks, while money exiting the bond market is looking for a safer place to invest...