Drew Houston

  • Former Nike CFO Don Blair joins Dropbox’s board of directors

    Former Nike CFO Don Blair joins Dropbox’s board of directors

    As Dropbox continues its inevitable march toward an IPO, it’s going to look to bring in people with a lot of experience handling the operations of larger public companies — and it’s getting one today. Dropbox today said it is adding former Nike CFO Don Blair to the company’s board of directors. Blair will be joining the audit committee, the company said, and comes in with… Read More

  • Dropbox is reportedly inching closer to a potential IPO

    Dropbox is reportedly inching closer to a potential IPO

    Dropbox may be taking another step in its very slow shuffle toward an IPO, and is now working with Goldman Sachs to prepare documents that could be filed as soon as this year, according to a report by Bloomberg. The company is expected to hire Goldman Sachs as the lead advisor of the IPO process, according to the report. Read More

  • Dropbox really wants us to know its finances are healthy

    Dropbox really wants us to know its finances are healthy

    Healthy financial milestones sugarcoat the conversation temporarily, but eventually Drew Houston is going to have to step into the public markets. At that point nobody will care how fast Dropbox grew its revenue back in the day. The question will be whether Dropbox is a company that can eventually sustain $10 billion in yearly revenue. Read More

  • Dropbox’s note-taking app Paper launches globally in 21 languages

    Dropbox’s note-taking app Paper launches globally in 21 languages

    Dropbox said today that it is rolling out Paper — its note-taking app that it’s emphasizing is a tool that’s built for managing workflow as well — globally. In addition to the regular launch of Paper, the company said that users will also be able to automatically generate presentations and run them through Paper in their browsers. Radhakrishnan said that users were… Read More

  • Dropbox’s Smart Sync lets users open a file stored only in the cloud like any normal file

    Dropbox’s Smart Sync lets users open a file stored only in the cloud like any normal file

    Dropbox today released Smart Sync, its tool that allows users to access files stored online in Dropbox accounts automatically on a desktop without having the file stored locally. Previously dubbed Dropbox Infinite, Smart Sync gives businesses a way to share and access files without needing to have massive ones stored on their desktop. The idea is that businesses regularly deal with piles… Read More

  • Dropbox employee’s password reuse led to theft of 60M+ user credentials

    Dropbox employee’s password reuse led to theft of 60M+ user credentials

    Dropbox disclosed earlier this week that a large chunk of its users’ credentials obtained in 2012 was floating around on the dark web. But that number may have been much higher than we originally thought. Credentials for more than 60 million accounts were taken, as first reported by Motherboard and confirmed by TechCrunch sources. The revelation of a password breach at Dropbox is… Read More

  • Dropbox launches a new way to scan documents with your phone, and other sharing features

    Dropbox launches a new way to scan documents with your phone, and other sharing features

    Dropbox today is releasing a slew of new enterprise features as it continues to try to woo larger businesses in an effort to build a strong new line of business. The most interesting new feature is probably a tool in its mobile application that allows business users to scan documents and upload them directly into Dropbox. The idea is that there is still a lot of activity and business… Read More

  • Dropbox says it is cash flow positive, in no rush to IPO

    Dropbox says it is cash flow positive, in no rush to IPO

    With a $10 billion valuation, cloud storage business Dropbox is larger than many public companies. But don’t expect an IPO anytime soon, according to CEO Drew Houston. “Nothing right now,” said Houston, when asked if the company was working on a plan to go public. Speaking at Bloomberg’s Technology Conference in San Francisco, Houston said that Dropbox is… Read More