Drew Houston: Sequoia's Mike Moritz closed Dropbox investment in one business day
Drew Houston · Dropbox CEO Drew Houston: How to Pick a Co-Founder; Steve Jobs' Attempt to Buy Dropbox | 20VC #938 · 20VC with Harry Stebbings · Oct 18, 2022 · at 44:06
Drew Houston, co-founder and CEO of Dropbox, recounts how early investor Pejman Nozad introduced Dropbox to Sequoia Capital, leading to a fast seed investment.
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“We met on a Friday. Pejman actually came with us to our pitch, which was apparently, which I learned later is extremely unorthodox. And then Mike Moritz, kind of the godfather of Sequoia came to our apartment on Saturday morning. We had a handshake deal on Monday and then money in the bank a week after that.”
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