Box IPO, page-25

Good to see MC of (loss-making) techco in the same space @ $$2.5B to $3B.
The best time to invest is when they are unloved.
I like the look of the graph-chart, at the point when it went up nth.



Here's All The VC Firms Who Made More On The Box IPO Than Its CEO



"...Box had its struggles in its early years,
a major reason that those early investors were able to build such large stakes.
After the first day of trading, DFJ is sitting on $535 million of Box stock;

USVP $272 million and Scale $156 million, all for buying the bulk of their shares at 20x less than the current stock price or better.

Meritech Capital Partners, Salesforce.com CRM +1.07% and
Bessemer Venture Partners will all also profit from the deal. (Coatue Management,
General Atlantic and TPG all hold large stakes they paid closer to the IPO price to obtain;
they stand to make nice profits regardless but on smaller and shorter rates of return.)

You can see the history of Box’s funding rounds and which led to most explosive returns in this chart from EquityZen.

​

http://www.forbes.com/sites/alexkon...ms-who-made-more-on-the-box-ipo-than-its-ceo/