As we were breaking 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 released
iCloud service).
Source: http://feedproxy.google.com/~r/Techcrunch/~3/WORRXE476E8/
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