SaaStr · 2015-04-27
· 4055d
Aaron Levie on Box's Path to $250M ARR: Going Upmarket and Scaling Enterprise Sales
In a 45-minute interview at SaaStr Annual 2015, Box CEO Aaron Levie discusses how the company scaled from $0 to $250M in ARR by shifting from selling tools to silos to selling solutions enterprise-wide. He explains the SaaS growth model to institutional investors during Box's IPO roadshow and emphasizes the importance of aggressive investment in sales and marketing when capital is cheap and market opportunity is vast.
Metrics in this report
Annual Recurring Revenue at IPO
250$M
at time of interview
Box at 2015 SaaStr Annual
Hypothetical ARR - Department Silo Strategy
25$M
ceiling estimate
If Box only sold to departmental silos
IPO Roadshow Investor Meetings
400count
approximately
Institutional investors pitched during Box IPO roadshow