{"id":10737,"date":"2014-05-07T23:30:40","date_gmt":"2014-05-07T23:30:40","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/news\/2014\/may\/08\/these-numbers-show-box-ceo-aaron-levie-genius\/"},"modified":"2014-05-07T23:30:40","modified_gmt":"2014-05-07T23:30:40","slug":"these-numbers-show-that-box-ceo-aaron-levie-is-a-genius","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/these-numbers-show-that-box-ceo-aaron-levie-is-a-genius\/","title":{"rendered":"These numbers show that Box CEO Aaron Levie is a genius"},"content":{"rendered":"<p>When Box filed&nbsp;its long-awaited paperwork&nbsp;to become a public company, it set off discussions about the financial health of the company, and the long-term viability of its business model.<\/p>\n<p>At issue was how much money Box spends- particularly on sales and marketing &#8211; compared to its revenue. People began to wonder whether the founder and CEO, Aaron Levie, was a quack or a modern-day genius.<\/p>\n<p>Let me be clear: he&rsquo;s a genius, and he&rsquo;s not the only one.<\/p>\n<p>It&rsquo;s crazy to me that 10 years after the IPO of&nbsp;Salesforce.com&nbsp;as the first public software-as-a-service (SaaS) company, Wall Street&nbsp;still&nbsp;doesn&rsquo;t seem to understand the subscription &ndash; or recurring revenue &#8211; business model. The software industry has been on an inevitable path to subscriptions since 1999, when Salesforce was founded.<\/p>\n<p>Yet the recent decline in demand for cloud software technology stocks, causing Box to potentially delay its &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When Box filed&nbsp;its long-awaited paperwork&nbsp;to become a public company, it set off discussions about the financial health of the company, and the long-term viability of its business model.<br \/>\nAt issue was how much money Box spends- particularly on&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10737","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/10737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=10737"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/10737\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=10737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=10737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=10737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}