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Box, Inc. (formerly Box.net) is a public company based in Redwood City, California. It develops and markets cloud-based content management, collaboration, and file sharing tools for businesses. Box was founded in 2005 by Aaron Levie and Dylan Smith. Initially, it focused on consumers, but around 2009 and 2010 Box pivoted to focus on business users.
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At the time, Box was a storage service where users could pay to store their files in the cloud. [7] Levie and Smith incorporated Box in April 2005 while operating the company out of Smith's parents' house on Mercer Island. Soon after, they moved the company to Berkeley, California.
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Anyone researching Box, Inc. (NYSE:BOX) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are two ...