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Facing a cloudy future at Silicon Valley

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Mr Levie and his company are nearing a make-or-break point others in this generation of young companies also may soon face: cut losses and stay ahead of deep-pocketed competition or disappear.

Los Altos, California

ABOUT 10 years ago, Aaron Levie dropped out of college to start a Silicon Valley company called Box. Before long, he was one of those young technology wizards of whom great things were expected.

Mr Levie faced hurdles and some fitful progress, but ultimately

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