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This article needs to be updated. Please help update this article to reflect recent events or newly available information. (November 2018) This is a timeline of online file storage and collaboration service Dropbox. Full timeline Year Month and date Event type Details 2005 Competition Box.com, an online file sharing and content management service for businesses, is launched. It IPOs in March ...
Dropbox brings files together in one central place by creating a special folder on the user's computer. [15] The contents of these folders are synchronized to Dropbox's servers and to other computers and devices where the user has installed Dropbox, keeping the same files up-to-date on all devices.
Andrew W. Houston (/ ˈ h aʊ s. t ən /; born March 4, 1983) is an American Internet entrepreneur best known as the co-founder and CEO of Dropbox, an online backup and storage service. According to Forbes, his net worth is about $2.2 billion. [1] Houston held 24.4% of voting power in Dropbox before the company filed for IPO in February 2018. [2]
Dropbox's CEO is following his approach. Jeff Bezos banned PowerPoints from Amazon exec meetings, asking instead for a memo that everyone reads. Dropbox's CEO is following his approach.
A big part of resetting Dropbox's approach — which Houston said is now focused on streamlining productivity — was taking full accountability for the struggles the company was facing.
Here's a review of how Dropbox got to be one of the leaders in the file-sharing market, despite going up against the biggest tech companies in the world.
In March 2018, Dropbox underwent an initial public offering, valuing the company at around US$9.2 billion. [4] From the company's establishment in June 2007 until October 2016, Ferdowsi served as the chief technology officer (CTO) of Dropbox. [5] In 2020 he left the company. [6]
It officially announced its intent to go Virtual First, which meant employees were free to work remotely 90% of the time, only commuting in for the occasional meeting or happy hour.