Box Said to Postpone IPO Until 2015

The transcript discusses Box's decision to delay its IPO due to volatile market conditions, highlighting CEO Aaron Levy's strategic move to secure additional funding. It also covers Google's strategy to cut cloud service prices to compete with Amazon, which responded with its own price reductions.

Why did Box delay its IPO?

• To focus on product development

• To merge with another company

• Because of volatile market conditions

• Due to a lack of investor interest

What strategic move did Box's CEO make in July?

• He raised $150 million in funding

• He launched a new product

• He announced a merger

• He cut company expenses

What was Google's strategy to attract customers from Amazon?

• Partnering with other tech companies

• Offering free trials

• Reducing cloud service prices

• Increasing service features

By what percentage did Google initially cut its prices in March?

• 10%

• 40%

• 20%

• 30%

What was the range of Amazon's price reduction following Google's cuts?

• 15% to 30%

• 50% to 70%

• 10% to 20%

• 28% to 61%