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
NextLesson Expands Leadership Team And Advisory Board With Industry Veterans
Last month, the company announced a seed funding round from leading Silicon Valley entrepreneurs including Marc Benioff, Michael Birch, Drew Houston, Thomas Layton, Marissa Mayer, Jeremy Stoppelman and Nirav Tolia. "NextLesson will greatly benefit from ...
Posted: October 8, 2015, 8:12 am
Leaders at Google, PwC and LinkedIn are human-centric: here's why
Dropbox co-founder and CEO Drew Houston once said: “Don’t worry about failure; you only have to be right once.” This focus on tenacity, perseverance and productive failure is critical in the technology sector, where innovations are often the outcome ...
Posted: October 6, 2015, 6:12 am
It’s time to revisit Apple buying Dropbox
Because iCloud, too, is underpowered. When Dropbox founder Drew Houston met with Steve Jobs in 2009 to talk about Dropbox, Houston famously shut down Jobs’ approach to buy the file-sharing service. According to a report from Forbes in 2011, Jobs let ...
Posted: October 1, 2015, 7:54 am