back to top
Business

People Like Box, But They Love Its Sneaker-Wearing, Always-Tweeting CEO

Congrats Twitter, but for IPOs.

Posted on

Box shares started trading today on the New York Stock Exchange, about ten months after the cloud storage and app company filed to go public. Shares rose 65% despite the company's non-existent profitability thanks to high sales and marketing costs.

Box closed the day valued at $2.8 billion.

Brendan Mcdermid / Reuters

Online data storage provider Box Inc Co-Founder and CEO Aaron Levie (C) rings the opening bell to celebrate his company's IPO at the New York Stock Exchange January 23, 2015.

Advertisement

But everyone was really happy about it! It's 2015's first big tech IPO. Also Box's co-founder and CEO Aaron Levie, who is Silicon-Valley-famous for his twitter quips, (sometimes) big hair, and colorful sneakers.

IPOs: If your stock shoots up, you left money on the table. If it drops, you screwed investors. If it's flat, you're boring.

Aaron Levie@levieFollow

IPOs: If your stock shoots up, you left money on the table. If it drops, you screwed investors. If it's flat, you're boring.

5:45 PM - 07 Nov 13ReplyRetweetFavorite

Tomorrow's Schedule: 7 AM: Wake up, drink lots of coffee 8 AM: Do this and that 10 AM: Work

Aaron Levie@levieFollow

Tomorrow's Schedule:
7 AM: Wake up, drink lots of coffee
8 AM: Do this and that
10 AM: Work

12:47 AM - 23 Jan 15ReplyRetweetFavorite

Thanks to the amazing employees, customers, partners & investors who got us here! Now, I must take a nap.* *Not a forward looking statement

Aaron Levie@levieFollow

Thanks to the amazing employees, customers, partners & investors who got us here! Now, I must take a nap.*

*Not a forward looking statement

1:03 PM - 23 Jan 15ReplyRetweetFavorite

Advertisement

Levie has spent a lot of time at the head of growing, but still private company (Box was founded in 2005), which has won him a lot of goodwill among investors and other tech executives who've gone through the process.

Like Drew Houston, the CEO of Dropbox, the other hot storage startup with that has "Box" in its name.

Or Y Combinator president Sam Altman

coming out of my twitter blackout for one tweet only to say CONGRATS @levie and @BoxHQ!

Sam Altman@samaFollow

coming out of my twitter blackout for one tweet only to say CONGRATS @levie and @BoxHQ!

12:16 PM - 23 Jan 15ReplyRetweetFavorite

Advertisement

Congrats, @levie on the IPO. Hope you had a nice nap and got some rest. It's all easy-going from here. :)

Dharmesh Shah@dharmeshFollow

Congrats, @levie on the IPO. Hope you had a nice nap and got some rest. It's all easy-going from here. :)

3:27 PM - 23 Jan 15ReplyRetweetFavorite

And the head of the biggest and most profitable software company of all time, Satya Nadella. (Funny enough, some think Box will get acquired or crushed by Microsoft.)

Speaking of Microsoft's cloud and enterprise business, the head of if, Scott Guthrie, had an unflashy, utiltiarian congratulations.

Advertisement

Former Windows boss Steve Sinofsky spread the congratulations all around to the company's investors.

Congratulations to @dfjjosh. Made the bet when @boxhq was just 3 people!

Steven Sinofsky@stevesiFollow

Congratulations to @dfjjosh. Made the bet when @boxhq was just 3 people!

11:06 AM - 23 Jan 15ReplyRetweetFavorite

Best time for messaging? While on the NYSE floor and @SquawkAlley way to go @levie and team.

Steven Sinofsky@stevesiFollow

Best time for messaging? While on the NYSE floor and @SquawkAlley way to go @levie and team.

10:19 AM - 23 Jan 15ReplyRetweetFavorite

Venture capitalist and early Twitter investor Chris Sacca got in on the #congratstwitter action

Advertisement

@levie Hell yeah, man. Congratulations have been a long time coming.

Chris Sacca@saccaFollow

@levie Hell yeah, man. Congratulations have been a long time coming.

3:24 PM - 23 Jan 15ReplyRetweetFavorite

Zendesk CEO Mikkel Svane, whose company was the hottest enterprise software IPO of last year, wondered what took so long.

@levie about effing time. But welcome to the club. And congrats on a fantastic opening!

Mikkel Svane@mikkelsvaneFollow

@levie about effing time. But welcome to the club. And congrats on a fantastic opening!

3:10 PM - 23 Jan 15ReplyRetweetFavorite

Former Facebook executive and venture capitalist Chamath Palihapitiya

This: $BOX. Congrats @levie and @mamoonha

Anthony Noto has seen tech companies face the public market from every angle: he was Twitter's lead banker during its IPO and now serves as its CFO (he also was going to work for the hedge fund that owns a big chunk of Box but joined Twitter instead).

Congrats to Aaron @levie and the $BOX team! Huge milestone to celebrate

Anthony Noto@anthonynotoFollow

Congrats to Aaron @levie and the $BOX team! Huge milestone to celebrate

11:30 AM - 23 Jan 15ReplyRetweetFavorite

.8% of all of Apple CEO Tim Cook's tweets have been for congratulating Aaron Levie and Box.

Congratulations to @levie and the Box team on their IPO and for creating a great company!

Tim Cook@tim_cookFollow

Congratulations to @levie and the Box team on their IPO and for creating a great company!

10:20 AM - 23 Jan 15ReplyRetweetFavorite

Congrats Aaron, your Box stake is worth about $95 million! Now you have to explain this to investors every 90 days!

Matthew Zeitlin is a business reporter for BuzzFeed News and is based in New York. Zeitlin reports on Wall Street and big banks.

Contact Matthew Zeitlin at matt.zeitlin@buzzfeed.com.

Got a confidential tip? Submit it here.

Promoted