He deals with it by avoiding too much self-exposure, by keeping a cool head and by working relentlessly. There is huge pressure on the young entrepreneur. Investors have a lot riding on this start-up, hoping to zero in on the next Silicon Valley success story…. He has to weigh his every word, as this could affect future company values. He has teamed up with Dennis Woodside, formerly of Google and more experienced than he is, who is helping him to organize the company.
It has to convince individuals to accept paying more for a better service, and it is aiming for the corporate market, which is potentially more profitable than selling to individuals.ĭrew Houston's life is now much less laid-back than when he launched into business. The company must prove that it can be profitable for shareholders, which is not yet the case. It is a delicate time as Dropbox prepares to enter the Stock market. Looking fit in his tight T-shirt, relaxed and smiling, Drew Houston is passing through his London offices. At 33, Drew Houston is one of the young Internet entrepreneurs launched at full speed onto a worldwide trajectory on the heels of Facebook founder Mark Zuckerberg and Amazon founder, Jeff Bezos. …ĭropbox has become a big company, valued at 10 billion US dollars (9.4 billion Euros). Five hundred million people have become Dropbox users, with ten million more each month.
Dropbox has become an essential tool to make our digital life easier. A fair part of our lives has shifted into the virtual world. But years later, the smart phone is now everywhere. This led him and a friend to create Dropbox – a free service that allows you to save your work, photos, music, and to open them on any screen. This is Drew Houston's: One morning, as a 23-year-old student on the bus to MIT (Massachusetts Institute of Technology), he realized that he'd forgotten his USB, with all his work on it. There is often an anecdote behind the founding of successful Silicon Valley companies.
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