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Corporate

Jan. 28, 2015

After long delay, Box Inc.'s IPO could signal another strong year for exits

Commercial cloud storage company Box Inc.'s initial public offering went live Friday, raising $175 million, as prices on its stock soared from $14 to more than $24, increasing by more than 70 percent.


By Joshua Sebold


Daily Journal Staff Writer


After languishing for 10 months, commercial cloud storage company Box Inc.'s initial public offering went live Friday, raising $175 million, as prices on its stock soared from $14 to more than $24, increasing by more than 70 percent. The company's strong finish after a shaky start to the IPO process gives other investors and startup leaders hope that the surfeit of public offerings will continue into 2...

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