Drew Houston Net Worth is$450 Million
Drew Houston Net Worth is $450 Million. Technology entrepreneur Drew Houston has an estimated net worth of $450 Million. Hailed from Acton, Massachusetts, the 28 year old generate...[read more]http://www.richestnetworth.com/drew-houston-net-worth/
Profession: Chief Executive Officer
Date of Birth: Mar 10, 1983
Date of Birth: Mar 10, 1983
What is Drew Houston Net Worth?
How much is Drew Houston Net Worth?
How much is Drew Houston Salary?
Technology entrepreneur Drew Houston has an estimated net worth of $450 Million. Hailed from Acton, Massachusetts, the 28 year old generated his net worth as the founder and CEO of an online storage and back up company, Dropbox. Houston first came up with the idea for his online company when he was a computer science student at Massachusetts of Information and Technology (MIT). Absent-minded Houston kept leaving his USB drive behind at the college dormitory. So his solution was to device something where he could store (and backup) his college work online and access it from any computer, making life a little easier. But it suddenly dawned on Houston that his device can also benefit millions of people worldwide. With his invention, Houston along with fellow MIT graduate and close friend Arash Ferdowsi, founded Dropbox in 2007. Securing $15,000 from start-up funding firm, Y Combinator, Dropbox was officially launched a year later at TechCrunch50, an annual technology conference. Since its official launch, Dropbox has been hailed as one of the most successful start-ups in Silicon Valley. It comes to no surprise that the San Francisco-based company is so successful, as it has rapidly gained popularity worldwide especially in United Kingdom, Germany and United States. Currently, there are over 45 million people taking advantage of Houston's service. Users of Dropbox can store documents, photos and even videos and share or access them easily. In its first year, Dropbox made roughly $30 million- but this year (2011) the company's revenue is expected to rise to $100 million. The online storage and backup service was well received by the technology sector as Houston was voted the best young tech entrepreneur by Business Week and was named among the top 30 entrepreneurs under 30 by inc.com. So far, DropBox is Y-Combinator's most successful investment. Before Dropbox, Houston was involved in countless start-up projects, including Bit9, Accolade and Hubspot.
Flash News about Drew Houston
Kaepernick decision not to stand for anthem gets NFL talking
SANTA CLARA, Calif. (AP) — Letting his hair go au natural and sprinting between drills as usual, Colin Kaepernick took the field Sunday with the San Francisco 49ers as his stance against standing for the national anthem drew chatter across NFL camps.
Posted: August 28, 2016, 2:41 pm
In 5 years, the Midwest will have more startups than Silicon Valley
Four years ago, I was a partner at Sequoia Capital, where Drew Houston, Brian Chesky, and a daunting parade of dent-making founders routinely proved that disruption happens in Silicon Valley like nowhere else. But things were changing, and fast.
Posted: August 28, 2016, 11:50 am
Dropbox Inc said to be considering possible 2017 IPO, management consulting with advisers
The meetings, which the people said Dropbox sought out, signal a shift in thinking by the closely held company and its Chief Executive Officer Drew Houston, who said last year it had no plans to go public anytime soon.
Posted: August 14, 2016, 6:32 pm