[fbdinglebore]

He also left out the part where investor-genius Peter Thiel was pressuring him very hard to sell Facebook to Yahoo.

Peter Thiel almost cost Zuck one of the biggest mistakes in business history.

Another inconvenient fact that goes unsaid.

[MichaelGG]

Was is it a mistake? What's the probability of massive success there? In 1000 universes with FB, how many times would FB take off like that?

Groupon's looking silly for not selling at 6BN, at least as a company. (I think they personally made out ok?)

[mulcahey]

Here's how Peter Thiel wrote that event in Zero to One:

> “When Yahoo! offered to buy Facebook for $1 billion in July 2006, I thought we should at least consider it. But Mark Zuckerberg walked into the board meeting and announced: “Okay, guys, this is just a formality, it shouldn’t take more than 10 minutes. We’re obviously not going to sell here.” Mark saw where he could take the company, and Yahoo! didn’t. A business with a good definite plan will always be underrated in a world where people see the future as random.”