He filed Dropbox S-1 with plans to take the company public in 2018. After the successful 10 years, Houston finally decided to take his company public. Dropbox later gained power through Y Combinator, the high-profile startup-accelerator program co-founded by Silicon Valley legend Paul Graham.Ībout 10 years later, the cloud storage giant now provides services to more than 500 million users, generates $1 billion-plus in annualized revenue, and was values at about $10 billion in 2014. He really didn’t want this to happen again so he opened up the editor and started writing some code and he had no idea what it would become, but that’t how he began his journey. He was going from Boston to New York on the Chinatown bus, and forgot his flash drive, and he was so upset with himself because it was keep happening. The founder and CEO of Dropbox Drew Houston came up with the idea for Dropbox on a bus. As many of know Dropbox is the file sharing service company that started with two-person team in 2007 is now a sprawling enterprise with more that a thousands employees.
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