Dropbox (DBX - Get Report) is now a public company after a resounding reception by Wall Street. 

Shares of the data storage firm popped more than 40% on Friday as it debuted on the Nasdaq. With 500 million plus users, a good revenue growth story to tell and a lack of tech IPOs of late it's no surprise Dropbox was welcomed. 

Dropbox chief operating officer Dennis Woodside tells TheStreet the company's growth prospects are solid, despite tough competition from Action Alerts Plus holdings Amazon (AMZN - Get Report) and Alphabet (GOOGL - Get Report) .

Added Listen

Listen to TheStreet's Technically Speaking podcast to learn how to protect your data in the wake of Facebook's (FB - Get Report) breach.