I just read a great blog post on www.supernova.com about Facebook creator Mark Zukerberg and the fact he turned down $15 billion dollars from Microsoft for his social media web-site.
You should read it here;
It brings to mind the power and control over our lives that Facebook has. Back when I was growing up, parents were worried of the negative impact that Rock stars had on our lives – from Ozzy Osbourne biting the head off a live chicken and Black Sabbath’s song called Suicide solution to Marilyn Manson and the song by Drowning Pool called Let the Bodies Hit the Floor. But none of this comes even close to the impact Facebook has on our lives.
We update our status, post pictures, even announce when we break up online… It’s opened up our kimono’s in a very real way.
But if you were Mark Zukerberg, all early 30-ish and single, would you take the $15 billion and go home, or say no thank you and take $15.1 billion from Google? Or… Tell everyone to go away and hope and pray that the next best thing doesn’t come tomorrow at take the 500 million uses away from your site and put you in the category of the also-rans.
Many other products were huge until someone swooped in and stole their thunder… Is Mark making a wise business decision or a colossal mistake.
What do you think and what would you do in his shoes?