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Mark Zuckerberg Reveals 'painful' Turning Point In Facebook's History - Business - Nairaland

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Mark Zuckerberg Reveals 'painful' Turning Point In Facebook's History by Emmaxman4best(op): 1:48pm On Aug 17, 2016
Mark Zuckerberg has led Facebook to become one of the most valuable and respected companies in the world. But despite all of his successes, he rarely talks about the challenges he's faced along the way.

In a new interview with Y Combinator president Sam Altman, published on Tuesday, Zuckerberg showed a more vulnerable side when he discussed some of the low points in Facebook's early history, as well as some of his failings.

"One of the hardest parts for me was when Yahoo offered to buy the company for a lot of money," Zuckerberg said. "That was the turning point in the company."

That was 2006. Facebook was about 2-years-old and had 10 million users. Yahoo wanted the company for $1 billion.

Although a lot of people believed Facebook should take the offer, Zuckerberg said he and co-founder Dustin Moskovitz ultimately decided to keep growing the business on their own terms.

"The part that was painful wasn't turning down the offer," he said. "It was the fact that after that, huge amounts of the company quit because they didn't believe in what we were doing."

Facebook's whole management team was gone within a year.

READ MORE http://www.petmaxflame.com/2016/08/mark-zuckerberg-reveals-painful-turning.html

Re: Mark Zuckerberg Reveals 'painful' Turning Point In Facebook's History by Jethrolite(m): 2:02pm On Aug 17, 2016
Wow, where is yahoo today? Always believe in yourself. Sometimes, I wonder how Mark survived that period.
Re: Mark Zuckerberg Reveals 'painful' Turning Point In Facebook's History by Donald3d(m): 2:14pm On Aug 17, 2016
Jethrolite:
Wow, where is yahoo today? Always believe in yourself. Sometimes, I wonder how Mark survived that period.
He has passion and loves what he does , thats how he survived , everything is surmountable when you love what you do
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