Wednesday, October 19, 2011

Dropbox Said No To ?Nine-Digit? Acquisition Offer From Apple, Steve Jobs

dropboxAs we were reporting the news about Dropbox's $250 million funding round, Forbes went live with a fascinating story, detailing how co-founders Arash Ferdowsi and Drew Houston turned down a "nine-digit" acquisition offer from Apple back in late 2009 when the company was only two years old. The late Steve Jobs, Apple's iconic co-founder and former CEO, reportedly led the first (actually, only) meeting and apparently told Dropbox's founders that they should sell because Apple would crush the company with a competing product - the recently debuted iCloud service.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/WORRXE476E8/

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