tech

Dropbox founder Drew Houston steps down.

Steve Jobs famously told Houston his startup was “a feature, not a product” when trying to acquire it back in 2009. Houston turned down the nine-figure buyout offer and Apple went on to launch iCloud. Houston, now 43 and worth about $2 billion, leaves behind a service used by millions worldwide. He now wants to do something entrepreneurial with — you guessed it — AI.

Dropbox founder Drew Houston steps down.

TL;DR

  • Drew Houston, founder of Dropbox, is stepping down.
  • He previously rejected a nine-figure buyout offer from Apple in 2009.
  • Houston plans to pursue a new entrepreneurial venture in the field of AI.