I distinctly remember the day I met Drew Houston and his co-founder Arash Ferdowsi, both MIT alumni
dropouts. It was at an early edition of YCombinator’s Demo Day. I saw them again at a party hosted by Xobni and learned about their plans for Dropbox. That was in 2008. And then I wrote about the company. Four years into the future, that little germ of an idea has become a massive company. An article in Forbes has some astounding stats that give you a sense of the size and scope of Dropbox’s business.
- A billion files saved every 24 hours.
- It has 100 million users, twice as many as a year ago.
- Nearly 96 percent of its customers use Dropbox for free.
- About $500 million in revenues.
- Almost 250 employees. It started the year with 90 employees.
- A year ago when its revenues were $250 million, it…
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