Hotshot CEO Aaron Levie Will Only Own 4.1% 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 suprise in Box’s S-1 IPO document filed today is that Levie only owns 4.1% of the company. Meanwhile, investors Draper Fisher Jurvetson owns 25.5%. The numbers reveal Levie had to sell off much his startup to raise the $414 millon from the private market that’s kept Box afloat. Read More