Box’s long-planned and ultimately successful IPO provides me with a timely reminder to compare the cloud storage and file sharing company with its better-known, much larger and higher-valued competitor, Dropbox, whose IPO date has still not been set though it is expected this year. With Google, Microsoft and even Apple also in the cloud storage and file sharing business, you have to wonder about the long term outlook for these two pure-play companies. Assuming they can continue as independent businesses, which one of the two will “win” the battle over the long haul?
Philip Lay spent two decades as an account executive, general manager and entrepreneur, before becoming a strategy advisor and managing director with The Chasm Group in 1995.
Today Philip is visiting professor at IESE business school in Barcelona and serves on a public-company board alongside his advisory activities with boards, CEOs and management teams.
Major clients include Autodesk, Compuware, HP, NetApp, Rackspace, SAP, and Salesforce.com.