This interview with Aaron Levie, co-founder and C.E.O. of Box.net, an online file storage company, was conducted and condensed by Adam Bryant.
Q. Talk about the culture of your company.
A. Everyone has a start-up mentality still, and we’re small enough where you get the right kind of energy and dedication, so everyone feels really a part of what we’re doing. People are able to question each other about strategies, whether they’re in marketing, engineering or product.
We try to keep it fairly low on hierarchy. Everyone is encouraged to be entrepreneurial and people tend to be extremely passionate, but it’s not about taking credit or being arrogant about what we’re doing.
We’ve been able to do away with just a lot of the corporate kind of things that I think slow down organizations and don’t result in productive behavior, and instead we’ve been able to get a lot of people focused on really having a good time, which helps us stay fast and innovative. And I think that ultimately is the only reason that people even want to go to work or want to stay in business — to have a good time while collaborating to accomplish a big vision.
Q. So what are some specifics?
A. We had our first ever “hackathon” at Box a few months ago. The engineering team pulled an all-nighter, from 8 p.m. until noon the next day, on projects outside their daily job description. We then had a judging panel at lunch, and the entire company got to watch the engineers present some amazing new features. It was fun and people goofed off but it was also really inspiring, and I think it brought the whole group together.
Q. What were some important leadership lessons for you?
A. In middle school, I did magic shows. It actually applies to what I’m doing now because it’s all about getting in front of people and telling a story, something that people buy into that is hopefully entertaining. It’s all about capturing people’s imaginations and getting them excited about what’s possible.
Q. What about as a C.E.O.?
A. I think a big jump was to managing or helping the managers of the people doing most of the hands-on work on projects — being one degree away from the action and figuring out and understanding what that means in terms of leadership.
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Box.net's (2008) Aaron Levie and Dylan Smith grew their company more than 535 percent in 2009 and tripled revenue in the first half of 2010 compared to the same period in 2009. Box.net allows users to share, store, and access any type of digital file from anywhere at anytime, and now has more than 4 million users, ranging from SMBs to giants like Volvo, Audi and Coca Cola. The company launched one of the first customized business applications for the iPad, developed mobile applications for the iPhone and Blackberry, and also integrated with other mobile productivity applications. Last April, the founders landed $15M in Series C financing, led by Scale Venture Partners, bringing Box.net's total venture funding to $29.5M. Levie and Smith plan to invest aggressively in R&D and will add a significant number of employees. More