22 Year-Old "Facebook" Founder Turns Down $1 Billion Offer From Yahoo...
Times Of London:
AT 22, Mark Zuckerberg, a Harvard dropout, is being labelled as the next Bill Gates. But even the Microsoft founder might have hesitated before blowing the chance of a $1.6 billion (£819m) offer for his fledgling business.
Zuckerberg, founder of the Facebook social networking website, has told Yahoo!, the internet giant, that $1 billion is not enough to sell out. Now leaked documents suggest that Yahoo! was willing to raise its bid to $1.6 billion.
Read the whole story: Times Of London

First Posted: 03/28/08 03:44 AM ET Updated: 05/25/11 01:00 PM ET