As Box Scales Cloud Services, Its CEO Thinks Small
*By Carlo Versano*
When Box launched 13 years ago, the cloud was still a meteorological term.
The company, which provides cloud content management and file-sharing services for companies, was at the vanguard of the software-as-service model that has since upended office productivity across industries.
Aaron Levie, the co-founder and CEO of Box ($BOX), told Cheddar that the success the company has had can be traced to an early and prescient "pivot" that it made from focusing on individual customers to enterprise teams.
"We thought we could out-innovate the traditional incumbents in enterprise software and technology," Levie said.
Box's ability to play in the big leagues ー it now has 87,000 customers, including two-thirds of the Fortune 500 ー is because of its structure, Levie said. The company eschews a top-down hierarchical approach in favor of lots of small teams that are empowered to make quick decisions, and then own them. It allows for better accountability, agility, and employee happiness.
"That is the style of work we live by," he said.
Still, Box owns "maybe two percent" of what's believed to be a $30 to $50 billion enterprise software market, in Levie's estimation. As it scales, Levie said he's determined not to lose that nimble start-up mindset that has shaped Box's culture.
"All people want to come into work and have a significant amount of impact on the business," he said. "This is the modern way of working."
For full interview [click here](https://cheddar.com/videos/box-ceo-aaron-levie-on-companys-position-in-the-market).
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
