No. 025 · 2007 · San Francisco

Dropbox

Forgot his USB stick on a bus. Turned down Steve Jobs.

A feature that became a company

Make my startup a legend
  1. 1 Boston to New York. He forgot his USB stick.
  2. 2 He starts coding right there.
  3. 3 Three-minute demo video. Packed with in-jokes.
  4. 4 Waitlist: 5,000 to 75,000 overnight.
  5. 5 Your files, everywhere.
  6. 6 Steve Jobs makes a nine-figure offer.
  7. 7 He says no.
  8. 8 "You're a feature, not a product."
Founders
Drew Houston and Arash Ferdowsi
Founded
2007, San Francisco
What they do
Cloud file storage and sync.

The story

Houston forgot his USB stick on the way to New York and started coding. A demo video took the waitlist from 5,000 to 75,000 overnight. Steve Jobs offered to buy the company and they said no.