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Article is paywalled, unfortunately. Have things dramatically improved at Box over the last year or so, since they delayed the IPO? Or is it just that the mar
by JonFish85 12y ago
Article is paywalled, unfortunately. Have things dramatically improved at Box over the last year or so, since they delayed the IPO? Or is it just that the market is better for them? I'm really curious whether they do enough to validate their existence as a multi-billion dollar business alongside the several other cloud storage options out there (DropBox, iCloud, Amazon Drive, Microsoft OneDrive, etc). I'm sure their product is good, but is it IPO good?
I'm not much of an investor, so I won't be investing in their stock directly either way, but I do have to wonder just as a thought experiment.
- djloche 12y agoThey don't have to be 'IPO good', they just have to be forced to IPO through technicalities, right?
- acchow 12y agoExplain.
- detaro 12y agoFrom the article: > As it prepares to go public, the Palo Alto, Calif., company will seek to show investors it has reined in costs without sacrificing too much growth. > Box spent 97 cents on sales and marketing for each dollar of revenue it made in the three months ended Oct. 31, down from a ratio of $1.38 to every dollar of revenue when it first filed for an IPO in March of last year. The company’s loss narrowed to $45.4 million in the latest quarter from $51.4 million a year earlier.
- jgalt212 12y agoBox is living proof of the concept "you can always buy marketshare." The true test will be can they retain market share. Aaron says yes (what else would he say). His competitors say no (what else would they say).