None of those tech giants, the pitch goes, is particularly anxious to make its own software work well with products from its mega-rivals, which means it probably makes more sense to use Microsoft OneDrive for Microsoft (MSFT) Office files and Google Drive for Google (GOOG) Apps.
It says its cloud storage and file-sharing software works better across various software platforms (Microsoft and Google, for example) than either of those two companies do because they want customers to stay on their own software all the time. The company, which has raised over $600 million in funding, is threading the needle here. Drew Houston was one of 15 CEOs asked by CNN about how the pandemic could change the future of work. Woodside also said that 52% of the Fortune 500 has paid Dropbox for a deployment of some kind, although would not comment on whether any of those deals were company wide.ĭropbox claims its advantage is that it “plays well with all ecosystems.” That means Dropbox works well for users in the Apple (AAPL) or Microsoft (MSFT) or Google (GOOG) worlds to create and refine their documents. Dropboxs cofounder said the 40-hour office week could be a thing of the past. He held 24.4 voting power in the company before filling for IPO in February 2018. He serves as the Chief Executive Officer (CEO) of Dropbox, an online backup and storage service. He holds the largest individual shares of Dropbox. Our enterprise business selling into companies with over 1,000 employees has grown triple digits in past year,” Woodside said in an interview before the event. Drew Houston is an American Internet Entrepreneur, who co-founded Dropbox and owns 25 of the company's interests. “What we see is significant growth especially in enterprise class companies.
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