tag:blogger.com,1999:blog-30988619.post117022026347731931..comments2023-08-16T05:18:00.993-05:00Comments on ZENtrepreneur: Lesson #9 - Don't turn down a billion dollarsAnonymoushttp://www.blogger.com/profile/00098380945086261202noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-30988619.post-36382832792849017202007-03-13T12:15:00.000-05:002007-03-13T12:15:00.000-05:00It's not hard to understand that the 'community' w...It's not hard to understand that the 'community' wouldn't want it to go mainstream. It's even more obvious to all of us that Zuck may want to retain control of his creation and core ideals.<BR/><BR/>What's very unclear to me is: How is it that Facebook's investors have been neutered? What kind of board allows a 22+ year-old idealist make these calls?<BR/><BR/>I'm stunned by this one.OddNodhttps://www.blogger.com/profile/12104220029747810110noreply@blogger.comtag:blogger.com,1999:blog-30988619.post-49682013906008410322007-03-02T15:26:00.000-05:002007-03-02T15:26:00.000-05:00I wholeheartedly agree with your analysis. I under...I wholeheartedly agree with your analysis. I understand that Zuckerberg may be trying to pull an Amazon and make even more money by hanging on to the company longer BUT I fail to see how Facebook will not go the way of Friendster, Amazon it is not. Clearly he has a vision but I would have taken the money like the Youtube guys and moved on to my next venture. <BR/><BR/>As a 26 year old who started my first company at 20 during my MBA program, I have quickly learnt that one of my major goals should be to grow the company to the point where it can be acquired then move on to the next venture and help the World in my spare time with the extra cash I now have, not keep holding out to only end up selling for significantly less. My God-brother did that, had a company valued at around $100 million, didn't sell and then had to accept less than $10 million in the end, and he knows Zuckerberg too funny enough - He said he will never make that mistake again.David Mullingshttps://www.blogger.com/profile/10669764232355562978noreply@blogger.com