Box is the unicorn that Mark Cuban let get away - with Mark's Response
J Thoendell stashed this in Tech
Source: http://pando.com/2014/01/31/box-is-the-u...
Top comment:
mcubanFeb 1, 2014
I didn't miss a thing. When a company raises hundreds of millions of dollars I would have been diluted to nothing. But the bigger issue is that I'm not a fan of situations where you have to raise hundreds of millions of dollars to do tens of millions in sales. It's a lesson learned from the tech bubble
It was one thing when the valuation as a multiple of sales was in stock. It's a bigger thing when that multiple is my cash
Stashed in: Venture Capital!, @mcuban, Box!, Valuation
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6:24 PM Mar 24 2014