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Xuezhao Lan has quietly stepped down as head of corporate development at Dropbox, Axios has learned from multiple sources. She is expected to launch a venture capital firm with a pair of fellow corporate development executives from a different Silicon Valley "unicorn" startup (neither of whom has yet given notice).
No comment from Dropbox, which Lan joined in 2013 from McKinsey & Co. Word is that the parting is amicable (there's even a going-away party scheduled), with Lan being succeeded by existing Dropbox corp dev pro Morgan Kyauk.