Saves files in one place
Five years ago a young software developer called Drew Houston set up Dropbox, a digital storage service that saves all your files from all your devices into one place.
The service now has 50 million users, with another joining every second. Every day 325 million old and new files are saved to Dropbox. Interestingly, the company earns three times more per employee than Google.
Why they turned down Steve Jobs
Dropbox stores your files for free (up to 2 gigabytes) and if you want more storage space you can subscribe to a small monthly fee.
Silicon Valley has noticed Dropbox as a good feature and Houston has even turned down a nine digit price from Steve Jobs, who wanted to buy Dropbox for Apple.
Why did he turn down the man who he calls his hero? Houston wants to build a big company and is an ambitious individual. He stated recently in Forbes magazine “I want to learn how to be big.”
Collaboration with Facebook?
I think we are going to see a lot more of Dropbox. Houston has revealed he recently met Facebook founder Mark Zuckerberg to see how they can work together.
We use the storage service at CandidSky and it works well for us. What will be interesting to see is how Dropbox competes with similar features like Apple’s iCloud and Google’s rumoured Drive product.
For now though Houston can take a minute out of his busy schedule to pat himself on the back. His company has just been valued at $4 billion.