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
The Unspoken Truths About Starting Up That Every Founder Should Know
But the truth is, not even Garrett Camp, Drew Houston, or Evan Spiegel know everything. “Even the people that we read about, the people that we admire—they don’t have all the answers, even at their own business,” Sacca said. Just realizing and ...
Posted: February 17, 2017, 9:33 am
No CEO: The Swedish company where nobody is in charge
Drew Houston, founder of online file-sharing service Dropbox, does not believe a leaderless structure can work in larger firms because it would be too chaotic. The main risk, he says, is that staff will encroach into each other's areas of responsibility ...
Posted: February 17, 2017, 7:42 am
What Does It Really Take to Become Known?
Huh? Let me back up a moment on that tennis ball thing. A few years ago, Dropbox founder Drew Houston gave the commencement speech at MIT. In this talk, he challenged the newly-minted grads to find their tennis ball. He explained, “The most successful ...
Posted: February 16, 2017, 7:24 am