Box CEO Levie: Expect to See More M&A in Tech

The transcript discusses the company's commitment to becoming cashflow positive and its strategic approach amidst competitive dynamics. It highlights the trend of mergers and acquisitions in the tech industry, driven by large incumbents acquiring innovative startups. The focus is on creating value as an independent company, despite potential acquisition interests.

What is the company's goal regarding cashflow by the end of the year?

• To reduce cashflow operations

• To be cashflow positive

• To maintain current cashflow levels

• To be cashflow negative

What is a key factor driving mergers and acquisitions in the tech industry?

• Reduction in venture capital funding

• Decrease in startup creation

• Large incumbents needing growth

• Lack of innovation

Which companies are mentioned as large technology incumbents?

• Facebook, Twitter, Snapchat

• Microsoft, Apple, Google

• Tesla, SpaceX, Blue Origin

• Netflix, Hulu, Amazon

Why might there be an increase in mergers and acquisitions in the future?

• More startups being created

• Decrease in startup creation

• Reduction in market competition

• Lack of funding for startups

What is the company's current focus regarding its future?

• To merge with a larger company

• To create value as an independent company

• To reduce its market presence

• To sell off its assets