Since 1995, investors in IAC have seen their capital appreciate at a 13% compound annual growth rate (CAGR), compared to just 10% for the S&P 500 over that same time period. It has done this numerous times over its 25+ year history with companies like Match Group, Expedia, and Vimeo. However, unlike other conglomerates, IAC consistently buys and then spins off subsidiaries as stand-alone publicly traded companies. The company focuses on buying and building consumer internet brands, most famously the leading dating app company Match Group. The second stock on our list is a unique conglomerate named InterActiveCorp ( IAC 2.29%). Management aims to generate $1 billion in annual free cash flow by 2024. As you can see from the chart below, both numbers have steadily risen since Dropbox's initial public offering (IPO) in 2018. Revenue hit $2.25 billion over the past 12 months, with free cash flow at $713 million.

Steady growth in paying users has led to consistent financial growth from Dropbox. With all these new tools, the company has steadily grown its paying subscribers, hitting 17.37 million in the second quarter of this year, up from only 9.9 million in the same 2017 period. It now offers security tools, e-signature products through its HelloSign acquisition, and document analytics through its DocSend acquisition. Dropbox came out of Silicon Valley a decade ago as a file-sharing and cloud-storage company but has evolved into more of a workplace collaboration hub. Dropboxįirst up, we have Dropbox ( DBX 0.89%). Here are two stocks that could be worth more than the crypto-trading platform by 2030. I think there are superior places to put your hard-earned money. Would you really want to own a company that only makes money when Dogecoin is going to the moon? These developments should have any investor concerned about the future prospects of Coinbase stock. Clearly, the cryptocurrency platform is having a tough time with the prices of Bitcoin and Ethereum in the dumps. The stock is down 70% year to date (YTD), second-quarter revenue was down 60% year over year, and the company posted a $1 billion quarterly operating loss (which is more than 100% of its revenue). The market has recently not been kind to Coinbase ( COIN -0.70%).

Docsend acquisition