Dropbox users save a million files every 5 minutes

Four-year-old startup Dropbox, which provides cloud-based file storage, last year sharply increased the number of users from 5 million to more than 25 million.

And together, these users now save more than 300 million files every day — that is, more than a million files every five minutes. In total, Dropbox users have saved over 100 billion files. This was announced by the CEO and co-founder of the startup Drew Houston.

Houston, speaking at the Startup Lessons Learned conference in San Francisco on Monday, revealed impressive numbers in a presentation about how his startup managed to achieve such tremendous popularity.
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Last year, Dropbox hired 35 employees to grow its needs, growing from a team of 20 people to a company of 55 people. Approximately 50% of the startup team consists of engineers, Houston reported.

In part, the reasons for the growth of Dropbox, according to Houston, are that the startup is trying to hire less but better engineers. The office creates an atmosphere in which employees want to work. The startup does not have mandatory hours of work in the office, and no one indicates to the team members how and where to work.

Another important point, as stated by the CEO, is setting the company's goals for each quarter and each year to minimize costs.

But if you reduce everything to the basics, then Houston's advice to start-ups: “create the right projects and create the projects correctly.” If you only need to choose one, then, according to Houston, start-ups should create the right projects.