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Dropbox CEO Drew Houston‬ rejected offer from Steve Jobs and Apple to own $12 billion powerhouse

Speed News Desk | Updated on: 29 March 2018, 12:59 IST

Drew Houston, 35-year-old is the Co-Founder and CEO of Dropbox, the net value of his company is more than $12 billion. Drew said, "As a kid I always dreamed of having my own company.”

The dropbox offers cloud storage, file synchronization, personal cloud, and client software. Last week, the company sold its shares to the public. The comapny is listed on the Nasdaq and Drew's net worth shot up to the billlions.

Houston was 20 when he planned to start the company with his MIT classmate, Arash Ferdowsi. He started the company in 2007, he said, "we were just getting the company off the ground and coding in a little room.”

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Drew is an ardent reader, he started reading and referring to business books to learn about leading a company and how he can start his own company. His favourite books are by Andy Grove, the CEO of Intel and one of Silicon Valley’s iconic entrepreneurs. He said, “I really admire everything that the iconic entrepreneurs did."

Houston has big plans for future, he is planning to expand Dropbox into selling business software to large enterprise businesses.

“A big part of my job is helping everybody to stay focused on what I call our inner scorecard,” he says, adding that he can’t control the markets or Dropbox’s stock price. “What we can control is ‘are you building great products. Are your customers happy.’ If we take care of our inner scorecard, the outer scorecard will take care of itself.”

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First published: 29 March 2018, 12:59 IST