Why did Dropbox get valued at four times more than Box?

Ever since Dropbox entered the enterprise space with Dropbox for Business in 2013 it has gone head to head with its cloud storage rival Box, pitting the two 30-something founders Drew Houston and Aaron Levie, respectively, directly against one another, as well as against big players like Microsoft OneDrive and Google Drive.

Here we dig into the difference between the two pure-play companies, their different IPOs and the numbers that may have led the market to valuing Dropbox at nearly 4x that of its rival Box.

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