Jan 23, 2015
Was the Box IPO worth the wait?
The cloud-storage company goes public after a year-long delay
by Stan Alcorn
The first big tech IPO of the year happened Friday: Box, best known for enterprise cloud storage services, debuted on the New York Stock Exchange. At closing, shares were up nearly 66% from a starting price of $14. It was a good day for the company, but a day that was originally scheduled to happen last spring. Why does a company delay an IPO?