Box: Path to IPO
"It takes a rough draft to sketch a masterpiece." And so it went with Box, after initial plans to go public in early 2014 were abandoned. At the time of IPO, founder Aaron Levie owned 3.4% of the company, having been diluted considerably from previous rounds of financing.
Box: Path to IPO

Calculations are based on shares outstanding. Explain

Companies analyzed in the Path to IPO are chosen on the basis of interest to the investing public and are not necessarily those in which transactions have been completed on the EquityZen platform. An investment through EquityZen is not an investment in a primary funding round; accordingly it is unlikely that an investment through EquityZen will perform similarly to the primary funding rounds highlighted in the Path to IPO. Most private companies are not successful enough to have an IPO, and many successful private companies may elect to not have an IPO. Investing in a private company through EquityZen may result in a partial or complete loss of your investment.

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