Drew Houston, the CEO of digital-storage service Dropbox, didn’t merely refuse to sell his company to the famously determined Steve Jobs in 2009, said Victoria Barret in Forbes. He refused Jobs’s nine-figure offer. Even then, Houston knew he had one of Silicon Valley’s most closely watched companies, and it’s only gotten better in the two years since. Dropbox, which gives people access to their files from any device, has had a “stunning ascent.” Its users have tripled in the last year, to 50 million, with “another joining every second.” Revenue is projected to hit $240 million this year even though 19 out of 20 users pay nothing. Little wonder, then, that the company recently became a verb (“Dropbox me”) and landed $250 million in venture funding to expand.
Houston, 28, came up with the idea for Dropbox when he forgot to bring a USB stick on a long bus trip, said Jennifer Saba in Reuters.com. He is determined to stay independent and isn’t concerned about competition from Apple’s iCloud. “We were not the first or the 10th or the 100th company to have this idea,” says Houston. But “if it were easy to build, someone would have built it already.”
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