Drew Houston and Arash Ferdowsi founded Dropbox in 2007 after meeting as students at the Massachusetts Institute of Technology. In its filing, Dropbox said it had more than 500 million registered users, more than 11 million of whom paid for the service. Mr. Houston, 34, holds about 25 percent of the company’s shares, and Mr. Ferdowsi, 32, holds just under 10 percent. The start-up did not work out, and Mr. Houston went back to school. Advertisement Continue reading the main storySo he tapped Mr. Ferdowsi, still a student at M.I.T., to be his co-founder.

Source: New York Times February 23, 2018 22:25 UTC