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Wednesday, October 19, 2011

Dropbox CEO Turned Down Nine-Figure Buyout From Steve Jobs in 2009

Dropbox CEO Turned Down Nine-Figure Buyout From Steve Jobs in 2009
"According to an article in Forbes, Dropbox founder Drew Houston and his business partner met with Steve Jobs in Cupertino in 2009. The purpose of the meeting? Jobs wanted to buy Dropbox for a reportedly nine-figure sum. The outcome of the meeting? Houston essentially said thanks but no thanks; Dropbox wasn’t for sale.

Jobs probably had meetings like this every week, where he hosted some whip-smart startup founders and tried to buy their company, either to remove them from competing with Apple products or to use their technology to build or improve an Apple product."

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