Box IPO

  • Why Is Box Taking So Long To Pull The IPO Trigger?

    Why Is Box Taking So Long To Pull The IPO Trigger?

    On March 24th, Box filed for its long-awaited IPO and went into the dreaded quiet period. It’s been over six months now since Box filed its S-1 form, signaling it would look for $250 million in its public offering. Prior to the announcement, Box was one of the hottest startups in technology, but after months of delay, with its IPO still sitting on the table, it is fair to wonder what… Read More

  • Inside Box’s Updated S-1

    Inside Box’s Updated S-1

    After much ado and pomp, Box released its updated S-1 document yesterday, revamping some of its usage statistics, and detailing the results of its fiscal first quarter. The company posted revenue of $45.3 million in the period, up 93.6 percent year-over-year. Its net loss totaled $38.5 million in the quarter, up a slimmer 13 percent. Read More

  • Box’s Q1 Revenue Nearly Doubles As Its Losses Expand A More Modest 13%

    Box’s Q1 Revenue Nearly Doubles As Its Losses Expand A More Modest 13%

    This afternoon, Box pulled the trigger on its updated S-1 document, detailing its fiscal first quarter financial performance. For the three-month period, Box had revenue of $45.3 million, and a loss of $38.5 million. The revenue figure is up 93.6 percent, and the loss total is up a more modest 13 percent. Read More

  • Box Picks Up $150M More As It Waits For Favorable IPO Winds

    Box Picks Up $150M More As It Waits For Favorable IPO Winds

    Box, a file-storage and management firm, has raised another $150 million from TPG and Coatue, according to the Wall Street Journal. The company had previously raised $414.1 million, making its total funding in excess of $550 million. TechCrunch has confirmed the amount through a source. Previously, Box filed to go public, with its S-1 document detailing rapid revenue growth. Its top line… Read More

  • Box Said To Move Forward With Its Debut As The Tech IPO Market Perks Up

    Box Said To Move Forward With Its Debut As The Tech IPO Market Perks Up

    Box, a cloud storage and file management company, could be moving its IPO forward once again. Box famously filed, and then didn’t hit go on, its offering in the time frame that the market initially expected. A deterioration in market sentiment and the share price decline of a number of growth technology stocks led to a general slowdown in the IPO pipeline. Read More

  • A Look Inside Box: Competition, Product Plans, And Unit Economics

    A Look Inside Box: Competition, Product Plans, And Unit Economics

    While Box was widely expected to be a money-losing shop, the extent of its losses and that it is accelerating surprised some. What the losses mean in the context of Box and its future is a complex question, but one worth answering given that if the company struggles during its flotation, it could close the door for other tech IPOs for some time. Read More

  • Hotshot CEO Aaron Levie Will Only Own About 5.7% Of Box When It IPOs, Investor DFJ Owns 25.5%

    Hotshot CEO Aaron Levie Will Only Own About 5.7% Of Box When It IPOs, Investor DFJ Owns 25.5%

    Box CEO Aaron Levie is credited with bringing sexy back to enterprise startups, but the big surprise in Box’s S-1 IPO document filed today is that Levie only owns 5.7% percent of the company. Meanwhile, Draper Fisher Jurvetson owns 25.5 percent. The numbers reveal Levie sold off much of his startup to raise the $414 million that funded Box’s rise to become an enterprise brand name. Read More

  • Box Files For $250M IPO On Full-Year Revenue Of $124M, Net Loss Of $168M

    Box Files For $250M IPO On Full-Year Revenue Of $124M, Net Loss Of $168M

    The Box S-1 is out at last. The cloud storage company is looking to raise up $250 million in the flotation. That sum is less than its competitor Dropbox recently raised from the private markets. Box has long been rumored to have quickly growing revenues and large losses, which has proven to be the case. For the full-year period that ended January 2014, Box’s revenues grew to $124 million… Read More