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by jtzhou
4070 days ago
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> In May 2011, Citrix Systems Inc. offered to acquire Box for about $600 million, nearly triple the online storage company’s value in February. > Draper Fisher Jurvetson, of Menlo Park, Calif., pressured Messrs. Levie and Smith to think long and hard about selling. The venture-capital firm stood to get $9 for every Box share it bought for 29 cents. One reason one should hesitate about taking big-name VC funding is that you can get stuck in the "home run" mentality. |
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