The cloud-storage company beat Wall Street's expectations in its first earnings report as a public company. Dropbox generated $316 million in revenue in Q1, and paying users climbed to 11.5 million from 9.3 million in the same quarter last year. Now the company needs to show investors how it will get closer to profitability, says Jeff Tomasulo, CEO at Vespula Capital.
For the full interview, [click here](https://cheddar.com/videos/dropbox-beats-in-first-earnings-report-since-going-public).
A settlement being discussed in a lawsuit against the NCAA and major college conferences could cost billions and pave the way for a compensation model.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle