By any measure Drew Houston and his Dropbox team are having a hugely successful run. In Houston’s final Founder Stories episode with TechCrunch editor, Erick Schonfeld, Houston says he plans to maintain this momentum by focusing on mobile, and just about everything else.
Houston says Dropbox has secured a new agreement with HTC, where it “is going to be baked into tens-of-millions of… → Read More
Dropbox co-founder Drew Houston has one of the hottest startups in the game. With $257.2 million in funding and a $4-billion valuation it’s poised to triple an already impressive user base of 45-millon. So when did Houston know he was sitting on something pretty? Erick Schonfeld finds out in episode III of Drew Houston’s Founder Stories interview. → Read More
Dropbox co-founder, Drew Houston recently sat down with TechCrunch Editor, Erick Schonfeld to discuss the origins of Dropbox – a service that allows users to upload and access their files from virtually any device, anywhere. With $250-million in funding and 45-million users, Dropbox is shaking up the world of digital storage.
The roots of Dropbox were planted when Houston was a student at… → Read More
Despite a couple big-name companies like Groupon and Zynga lining up for IPOs, the demand for private company stock on alternative exchanges keeps rising. Private stock transactions on SecondMarket in the first three quarters of 2011 totaled $435 million, a 73 percent increase over the same period last year. In the third quarter alone, there were $167 million worth of transactions on… → Read More
As we were reporting the news about Dropbox’s $250 million funding round, Forbes went live with a fascinating story, detailing how co-founders Arash Ferdowsi and Drew Houston turned down a “nine-digit” acquisition offer from Apple back in late 2009 when the company was only two years old.
Storage startup Dropbox has hired Ramsey Homsany as it’s General Counsel. Homsany is a long time Google lawyer. He joined the company in 2003 and was most recently the deputy general counsel of the commercial group. The 100 or so internal lawyers that reported to him dealt with Google’s various commercial and partnership relationships.
It’s been an incredibly rough week for Dropbox. On Monday, news broke that a bug in the service’s authentication software effectively made passwords optional for around four hours over the weekend — meaning that you could log into anyone’s account simply by entering their user name.
Given what Dropbox is used for — namely, syncing your most important files between computers — that’s a… → Read More
This morning a post on Pastebin outlined a serious security issue that was spotted at Dropbox: for a brief period of time, the service allowed users to log into accounts using any password. In other words, you could log into someone’s account simply by typing in their email address. Given that many people entrust Dropbox with important data (one of the service’s selling points is its security)… → Read More
Recently I sat down with a well-connected Silicon Valley CEO who just raised a ton of money, and who knew of other startups raising even more. There is a new startup club of younger companies raising money right now at $1 billion valuations. I already knew a couple of them, but I started asking a few venture capitalists and now I have a pretty good list of who is in that club and who is trying… → Read More
Dropbox will announce a number of milestones on Monday morning, we’ve learned. The file backup and sharing service was founded in 2007 by Drew Houston and Arash Ferdowsi. It was in one of the early Y Combinator classes, now has 25 million users and 200 million files are “saved” daily, and more than 1 million every five minutes.