Drew Houston
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Andrew W. Houston (; born March 4, 1983) is an American Internet entrepreneur, and the co-founder and CEO of Dropbox, an online backup and storage service. According to ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'', his net worth is about $2.2 billion. Houston held 24.4 percent voting power in Dropbox before filing for IPO in February 2018.


Early life

Houston was born in Acton, Massachusetts in 1983. He attended Acton-Boxborough Regional High School in the 1990s. He later graduated with a degree in Computer Science from the
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of th ...
(MIT), where he was a member of the
Phi Delta Theta Phi Delta Theta (), commonly known as Phi Delt, is an international secret and social fraternity founded at Miami University in 1848 and headquartered in Oxford, Ohio. Phi Delta Theta, along with Beta Theta Pi and Sigma Chi form the Miami Triad. ...
fraternity. It was there that he met
Arash Ferdowsi Arash Ferdowsi ( fa, آرش فردوسی, born October 7, 1985) is an Iranian American, Iranian-American billionaire entrepreneur. He is the co-founder of Dropbox (service), Dropbox. Early life and education Ferdowsi was born in Overland Park, K ...
who would later go on to be co-founder and CTO of Dropbox. During his time in college, Houston co-founded a SAT prep company.


Career

Houston and Ferdowsi co-founded Dropbox in 2007. Houston currently is CEO and 25% owner of Dropbox. In February 2020, Houston joined the board of directors of
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dust ...
, replacing
Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a ...
CEO Reed Hastings, who left in May 2019.


Accolades

Houston was named one of the "most promising players aged 30 and under" by Business Week, and Dropbox has been touted as
Y Combinator Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, St ...
's most successful investment to date. Houston was also named among the top 30 under-30 entrepreneurs by inc.com, and Dropbox has been called one of the 20 best startups of
Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Cou ...
. In June 2013, MIT invited Houston to serve as speaker at its annual commencement ceremonies. In his remarks, Houston gave this advice:


Personal life

Houston lives in
Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city ...
. In April 2013, a lobbying group called
FWD.us FWD.us is a 501(c)(4) pro-immigration lobbying group based in the United States that advocates for prison reform, status for undocumented immigrants, particularly for DACA recipients, and higher levels of immigration visas, particularly for H ...
(aimed at lobbying for immigration reform and improvements to education) was launched, with Houston listed as one of the founders. In 2016, he endorsed
Hillary Clinton Hillary Diane Rodham Clinton ( Rodham; born October 26, 1947) is an American politician, diplomat, and former lawyer who served as the 67th United States Secretary of State for President Barack Obama from 2009 to 2013, as a United States sen ...
in the
2016 United States presidential election The 2016 United States presidential election was the 58th quadrennial presidential election, held on Tuesday, November 8, 2016. The Republican ticket of businessman Donald Trump and Indiana governor Mike Pence defeated the Democratic ticke ...
.


References

{{DEFAULTSORT:Houston, Drew 1983 births Living people American computer businesspeople American computer scientists Businesspeople from Massachusetts Businesspeople in information technology MIT School of Engineering alumni American technology company founders American technology chief executives Y Combinator people American billionaires People from Acton, Massachusetts Directors of Facebook