Wednesday, October 12, 2011 raises $81M from Salesforce, SAP Ventures, others has raised a total of $162 million.

Aaron Levie, who helped start in 2005, is its CEO. The company makes online file sharing software.

While I like, the amount of capital raised is staggering!!!  And this is not capital-intensive business (at least it shouldn't be - after all they don't build factories or buy a ton on material)..  I understand they want to attract the best minds, but still.. throwing money at it and hiring people just because is never a good thing.

My problem with this level of capitalization is that it pipes the companies full of steroids and should something go wrong in the market or with their execution, the company will crumble..

Just saying..

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