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

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

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

• To maintain the current cashflow status

• To reduce cashflow operations

• To be cashflow negative

• To be cashflow positive

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

• Lack of innovation in startups

• Stability in the tech market

• Decrease in venture capital funding

• Large companies needing to grow and innovate

Which companies are mentioned as having large amounts of cash for potential acquisitions?

• Tesla, Ford, GM, Toyota

• Netflix, Hulu, Amazon, Disney

• Facebook, Twitter, Snapchat, TikTok

• Microsoft, Apple, Google, IBM

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

• To create value as an independent company

• To sell off its assets

• To reduce its workforce

• To merge with a larger company

Why does the company see potential in remaining independent?

• To avoid competition

• Because of the significant potential upside

• Due to limited market opportunities

• To reduce operational costs