While the storage remained being the core product, the company expanded its offerings with products like Box Relay, Box KeySafe, Box Governance, and Box Shuttle. Box decided to place more emphasis on corporate clients. Along the way, the two took different paths. With their desktop and mobile apps, people could save their documents and files and access them from everywhere. Today, the companies are valued at $2.1 billion and $7.4 billion.ĭropbox and Box began as cloud storage companies. At its peak, Box and Dropbox had market valuations of more than $4 billion and $16.82 billion respectively. The two companies went public in 20 respectively and earlier optimism has faded.
As a result, their respective CEOs were idolized in the technology industry. The two companies had pioneered a new dimension in data storage and content sharing.
A few years ago, Box ( NYSE: BOX) and Dropbox ( NASDAQ: DBX) were among the best-known technology companies in their world.
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