![]() That eye-popping sum pegged the value of his company at $4 billion and his own net worth - at least on paper - at an estimated $600 million. In September, Houston pocketed $250 million from seven of Silicon Valley's top venture capital firms. Dropbox has become a verb as in "Dropbox me." Every day, 325 million files are saved on the service. How can they get access to the latest version of all their stuff - photos, music, videos, documents, spreadsheets - no matter what device they are using and no matter where they are?įor millions, the answer has been Dropbox. With the explosion of smartphones and tablets, people have more devices and more apps than ever before. ![]() And some of high-tech's smartest money is backing Houston's vision.ĭropbox has figured out an elegant solution to a vexing problem. Both Apple's Steve Jobs and Google's Sergey Brin sounded out Houston about buying Dropbox.īut Houston says he's determined to build the next Apple or Google, not sell out to them. It's one of the fastest-growing companies Silicon Valley has ever seen. ![]() Dropbox has more than 50 million users and adds another every second. ![]() Today, Houston needs software to track how many people use his service. On a white board in his Cambridge, Mass., apartment, he calculated that he'd need several hundred users to "not feel like an idiot" quitting his $85,000-a-year job as a software engineer. Houston, who played guitar in a '90s rock cover band at Boston bars and college parties, dubbed it "Even Flow" after one of his favorite Pearl Jam songs. He'd strap on headphones to block out everything but the endorphin rush as he cranked code late into the night on a new service that instantly syncs all of your files on all of your devices.
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