Houston: Not every startup should aim to be a billion-dollar business
Drew Houston · #1001 The 1,000 interview celebration · Apr 9, 2014 · at 1:44:51
Drew Houston, co-founder and CEO of Dropbox, discusses the reality of startup outcomes and the rarity of achieving unicorn status.
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“Not every business has to be a billion dollar business. I mean, there's you know, it's, bigger is not always better. And one of the things is like a lot of, you know, something like, I think there was that whole unicorn club study that said like out of maybe, you know, 39 and 10,000 companies become worth a billion dollars. And a lot of things have to go right that are outside your control between the market and competition and your product and not running out of money and, you know, the list goes on and on for everything to line up.”
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