kuma on X- 'At 22 he said no to $1 billion from Yahoo, and opened the board meeting with one sentence

At 22 he said no to $1 billion from Yahoo, and opened the board meeting with one sentence:

"We're obviously not going to sell here."

His name is Mark Zuckerberg. In 2006 Facebook was two years old and still mostly for students. Yahoo offered $1 billion. His investors wanted to at least talk about it. Peter Thiel later said Zuckerberg called the meeting a formality that should take ten minutes.

Almost every early employee thought he was insane. Some of the management team left over it.

Facebook, now Meta, went on to be worth more than a trillion dollars.

Honestly, most of us would have taken it and called it the smartest move of our lives. A billion dollars at 22 is not a mistake by any normal standard.

What made the difference was that he didn't think in normal standards. He wasn't asking if $1 billion was a lot. He was asking if Facebook was worth more.

Would you have signed at 22?


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