![]() The company can also boast $1.1 billion in revenue with 11 million paying users. These numbers include 8 million businesses. Today, Dropbox has 500 million registered users across 180 countries, who collectively have made 4.5 billion connections to share content. ![]() "ĭropbox officially launched in 2008, and has since gone on to win countless accolades, including being named "Startup of the Year" in 2012 by TechCrunch and "Application of the Year" in 2010. Ferdowsi dropped out of school with just six months to go. They talked for two hours back in Boston and “got married on the second date,” as Houston describes it. From Forbes: "A friend referred to Ferdowsi, the only son of Iranian refugees, who was studying computer science at MIT. According to Forbes, Graham advised Houston to get a co-founder onboard before submitting his application.Įnter Arash Ferdowsi, a fellow student at MIT. Shortly after, Houston pitched his idea to Paul Graham of Y Combinator, a venture capital company that provides seed money to startups (Y Combinator has also invested in companies like Airbnb, Reddit, and Coinbase, among many others). And I opened up the editor and started writing some code. And I’m like, my God, I never want to have this problem again. He told Business Insider, "I was so frustrated-really with myself, because this kept happening. It's hard to believe because the company still feels new and fresh, but Dropbox was born over 10 years ago, when co-founder and CEO Drew Houston was taking a bus from Boston to New York City, and realized he had forgotten his thumb drive.
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