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
Full transcript: Benchmark general partner Bill Gurley on Recode Decode
And look, there's been some things that I think have been super helpful. Tomas speaking out on Kind bars and brick walls, and then you know, this summer over at Dropbox, Drew Houston went out, it looks like he did a press tour about cutting $35 million of ...
Posted: September 28, 2016, 3:15 pm
Rams claim Marqui Christian off waivers from Cardinals
Aaron Wilson of the Houston Chronicle reports that the Rams claimed safety ... The Cardinals said the move was due to the need to bring in another punter while Drew Butler is recovering from ankle and Achilles injuries. Christian was a fifth-round pick ...
Posted: September 28, 2016, 2:32 pm
Houston ISD takes front seat in push against recapture
"We are in a pickle," said Rep. Trent Ashby, R-Lufkin. Some legislators appeared to resent the focus on Houston, with rural Republican lawmakers Rep. John Otto of Dayton and Rep. Drew Darby of San Angelo urging members to think about all students ...
Posted: September 28, 2016, 2:03 pm