November 22, 2024
Steve Jobs Did Try to Acquire Dropbox [Video]

Steve Jobs Did Try to Acquire Dropbox [Video]

Posted October 18, 2011 at 4:56pm by iClarified
In 2009, Steve Jobs sat down with Dropbox in an attempt to acquire the company, reports Forbes.

In December 2009 Jobs beckoned Houston (pronounced like the New York City street, not the Texas city) and his partner, Arash Ferdowsi, for a meeting at his Cupertino office. "I mean, Steve friggin' Jobs," remembers Houston, now 28. "How do you even prepare for that?" When Houston whipped out his laptop for a demo, Jobs, in his signature jeans and black turtleneck, coolly waved him away: "I know what you do."

What Houston does is Dropbox, the digital storage service that has surged to 50 million users, with another joining every second. Jobs presciently saw this sapling as a strategic asset for Apple. Houston cut Jobs' pitch short: He was determined to build a big company, he said, and wasn't selling, no matter the status of the bidder (Houston considered Jobs his hero) or the prospects of a nine-digit price (he and Ferdowsi drove to the meeting in a Zipcar Prius).



Jobs reportedly told Ferdowsi and Houston that he was going after their market. "He said we were a feature, not a product," says Houston. Jobs then spent the next half hour answering questions from the pair.

After the meeting Steve Jobs went dark on the subject only to resurface this June to unveil iCloud.

You can continue reading the Dropbox story at the link below, or pick up the November 7th issue of Forbes.

Read More



Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments (1)
You must login or register to add a comment...
Nobo1
Nobo1 - October 18, 2011 at 6:38pm
everyone has a price... even Dropbox
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Where to Download macOS Sequoia
Where to Download macOS Ventura
AppleTV Firmware Download Locations
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS