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
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