Regarding the TechCrunch article on Facebook and Yahoo..
I am sure most of you have read the post already, or at least heard of the rumors through the blogosphere. Supposedly, the Wall Street Journal reported that Yahoo has an offer on the table to buy Facebook for $1 billion dollars. Impressive, I know.
Read the comments stated in the article about Mark Zuckerberg and his apparent disregard for the deal though. Apparently, Zuckerberg couldn’t make an 8 am conference call because he wouldn’t be awake. Furthermore, he wouldn’t be able to extend buyout talks into the weekend because his girlfriend was in town and his cell phone would be off…
The situation is truly priceless. First of all, the money will be there on Monday morning. And who knows, it may have gone up by then. He might get $1.5 billion! People are bashing him for being arrogant and not taking the cash and running like a fool, but what does he truly have to lose? He is making enough to pay for anything that he could ever want from a social networking site!? He takes the weekends off to spend with his girlfriend! Hell, he turns his phone off in the process! How many CEO’s can say that they do that? I sure can’t..
Zuckerberg is in a brilliant position to negotiate, which he has already demonstrated. He turned down a deal for $750 million and they came back with $1 billion. So he responds by blowing everyone off for a weekend. Good for him. I am glad to see that he has the values which everyone else in corporate America is looking for, taking time off to spend it with people he cares about..
tags: facebook, yahoo, zuckerberg, money, billion, internet, technology, business, web sites, entrepreneurs
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