Dropbox CEO Drew Houston Interview

Dropbox CEO Drew Houston on the importance of being cash flow positive 

“What it means is we can control our destiny.  It means we are funded by our customers, not our investors especially as the markets shift and the attitudes of investors may change.”

Dropbox CEO Drew Houston on valuation

“We tell people, look, even if we were public, our valuation today whatever it is, was something different 3 months ago and it will be different 3 months from now.  On the one hand, valuation is really important but what’s even more important is what our valuation is going to be in 5 years.  The other thing to realize is valuation is an output, not an input so step 1 is you have to build a great company so you should care about if your product is good and whether you have happy customers.  Those are the levers you can control.  If you build a great company over time, valuation takes care of itself.”

 

 

 

Source: Fortune Interview July 11, 2016 https://www.youtube.com/watch?v=I0ymI_slw7E