As activist investors loom, what’s next for Box? | TechCrunch

As activist investors loom, what’s next for Box?

Branded Box pillows sit on a couch during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. BoxWorks brings together leaders across the technology sector to define the future of work and build digital-first companies. Photographer: Michael Short/Bloomberg via Getty Images

Activist investors will only sit still for so long, and when they take action, it usually involves one of two approaches: Replace the leadership team or induce a sale.