Jobs presciently saw this sapling as a strategic asset for Apple.
Houston cut Jobs’ pitch short: He was determined to build a big
company, he said, and wasn’t selling, no matter the status of the
bidder (Houston considered Jobs his hero) or the prospects of a
nine-digit price (he and Ferdowsi drove to the meeting in a
Jobs smiled warmly as he told them he was going after their
market. “He said we were a feature, not a product,” says Houston.
Courteously, Jobs spent the next half hour waxing on over tea
about his return to Apple, and why not to trust investors, as the
duo — or more accurately, Houston, who plays Penn to Ferdowsi’s
mute Teller — peppered him with questions.
Jobs may well have been right that Dropbox is a feature, not a product, but it’s a hell of a good feature, and one that iCloud does not provide.