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by declan
4070 days ago
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This article was on the front page of the Wall Street Journal today. One thing that struck me when I read it this morning is that the headline is practically unrelated to the article: the word "rich" appears only in the article's 7th paragraph, and the bulk of the piece is pretty straightforward reporting on Box's fundraising efforts. Box's market cap is approximately $2B. If the founders ended up with, say, $150M combined (the article says over $100M), it may be a relatively small slice -- but of a pretty big pie. I suspect 99.9999% of HN readers would be happy with the results that those two folks managed, and the fact that the company, in this post-Sarbox era, conducted a successful IPO. To put it in perspective, I'm not aware of a single YC-backed company that has had an IPO, though Dropbox seems a likely near-term candidate. |
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