The cloud content management company Box was founded in Berkeley in 2005, but quickly moved to Palo Alto to attract senior talent. It is about to go public in a $1 billion IPO.
In an Opinionator piece published on Berkeleyside, David McIntosh, a UC Berkeley graduate and the founder of Redux, a Berkeley-based software company that pulls together shareable online videos, laments (somewhat) the big fish that got away.
But a lot has changed in Berkeley in nine years. There are more tech companies in San Francisco, and much more senior talent in the East Bay. If Box had started today in Berkeley, it most likely would not have had to move away. That bodes well for the future of tech companies in Berkeley, he argues.
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