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22 Year-Old "Facebook" Founder Turns Down $1 Billion Offer From Yahoo...

First Posted: 3/28/08 Updated: 5/25/11

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

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Filed by Katharine P. Jose  | 
 



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