Facebook’s Zuckerberg: Why I Turned Down Yahoo’s $1B Bid

March 11, 2008 9:16 pm

Facebook CEO Mark Zuckerberg publicly acknowledged for the first time that Yahoo bid $1 billion for the company in 2006. Here, Zuckerberg explains his thinking in turning down the offer,

watch the video published by Yahoo here:

http://finance.yahoo.com/tech-ticker/article/5832/Facebook’s-Zuckerberg:-Why-I-Turned-Down-Yahoo’s-%241B-Bid?tickers=yhoo

1 Comment »

  1. When to Cash Out? Three New York City Entrepreneurs Reflect | Leveraging Ideas said,

    September 23, 2008 @ 5:35 am

    […] like the infamous Zuckerberg turning down a $1M offer for Facebook are the rare exception. Much more likely is the current situation of Jerry Yang, reflecting on what […]

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