Posted May 27, 2026 at 7:03 AM UTCTExternal LinkDropbox 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.Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Thomas Ricker
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. [Link: Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer | https://www.cnbc.com/2026/05/26/dropbox-ceo-drew-houston-ashraf-alkarmi.html | CNBC]
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