Technology analyst Ben Wood of research group CCS Insight says there are numerous reasons for Dropbox's success, such as its overall ease of use and "very importantly the fact it allows people to easily save and share photos, videos, and other big files that email servers are still unable to cope with". Mr Houston says that he and Mr Ferdowsi, who remains on the senior management team, continue to work well together.
Regarding his specific role as chief executive, Mr Houston says his current main focus is making sure that staff ignore the success of the recent share flotation, and instead "stay focused on why we are here - making customers happy". Image source, Dropbox. Drew Houston left had never met Arash Ferdowsi before they launched Dropbox together.
Image source, Getty Images. Image source, Martin Klimek. Mr Houston left is a friend of Facebook boss Mark Zuckerberg. The late Steve Jobs was said to have been annoyed that he couldn't buy Dropbox. Related Topics. Entrepreneurship Computer programming Silicon Valley. Only one came back to him quickly. Sure enough, every firm came back interested the next morning. Many stretched their deal definitions to get in. And he will see whether he can realize the vow he made to Jobs about building a major company, or else fall prey to the MySpace-esque hazards he predicted.
The first to arrive is Adam Smith, who was a fellow Phi Delta Theta at the Massachusetts Institute of Technology before dropping out to start an e-mail search company, Xobni. None of this hiring and firing business. Houston clearly draws strength from this group—he has even recreated the fraternity living experience in San Francisco, moving into the same downtown building as Smith and ten other entrepreneurs. If dropping out of college was a watershed moment for the likes of Bill Gates , Michael Dell and Mark Zuckerberg , then staying in was equally transformative for Houston, particularly his fraternity experience.
The just-me-and-my-code default, after all, is wired into his DNA. His father is a Harvard-trained electrical engineer; his mother, a high school librarian. His mother, correctly deducing that her son was becoming a code geek, made him learn French and hang out with the jocks, and refused to let him skip a grade.
During summers in New Hampshire she took away his computer, even as he griped about being bored in the woods. At 14 Houston signed up to beta test an online game, and began rooting out security flaws.
They soon hired him as their networking programmer, in exchange for equity. I wanted to run a computer company. Dropbox is his sixth. By freshman year at MIT it seemed his mom had failed. Most of his time was spent coding. So he spent the ensuing summer on the roof of his frat reading business books. The idea for Dropbox was born three months later on a bus to New York. He planned to work during the four-hour ride from Boston but forgot his USB memory stick, leaving him with a laptop and no code to mess with.
Frustrated, he immediately started building technology to synch files over the Web. Dropbox launches an Android version of Mailbox, the iOS-based email client application and Carousel, the photo storage application. Aditya Agarwal. Alexander Davis. Alexander Wolfson.
Arash Ferdowsi. Bakhyt Nurdavletov. Bryan Schreier. Daniel Broukhim. Dhari Al-Abdulhadi. Diego Berdakin. March 10, How two strangers set up Dropbox and made billions. Inside Dropbox's Identity Overhaul. Scott Rosenberg. January 30, August 27, March 23, December 21, Overview Issues Contributors Activity. Security Admin and user management Data protection.
Funding rounds. Further reading. Documentaries, videos and podcasts. Dropbox File Management. Dropbox Paper. Admin and user management. Data protection. Timeline March 16, Dropbox launches a password manager as part of its paid Dropbox plans.
December 17, Issuu partners with Dropbox to organize design assets and publish faster. May Dropbox announced its first profitable quarter in May , driven in part by a increased online work during the coronavirus pandemic. September 26, Dropbox launches Spaces, a desktop app that aims to improve team collaboration. Dropbox begins its initial public offering IPO. Dropbox officially releases Paper. December 7, Dropbox announces discontinuation of Carousel and Mailbox. April 9, Dropbox launches Mailbox for Android and Carousel.
October Funding rounds Save to List. How they do it: A basic version with limited hosting space is offered to customers for free. However, customers then have the chance to purchase subscriptions for larger amounts of storage space.
How they do it: Dropbox offers to share file hosting space and individual files with other users. This service includes the option to collaboratively work on files at the same time.
How they do it: Dropbox file hosting space is not owned by the customer, but he can utilize it to store his files online. This eliminates the need for a physical hard drive. How they do it: Customers who are in need of larger amount of file hosting space, can upgrade their capacity by booking monthly or annual subscription.
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