[borlak]

That quote from Zuckerberg reminded me of when Groupon CEO refused to sell to Google for $6 billion...

You can have all the view you want and believe in yourself -- but willpower doesn't equal success.

[redthrowaway]

The same thing sprang to my mind, but Groupon did hit $17.8B at its IPO. Any significant shareholders who cashed out then would have made off like bandits.

[tanzam75]

You can't always depend on market irrationality, though.

VC firms became quite frantic during the market meltdown of 2008-2009. If a startup was burning cash, they told them to fire most of their staff. There was simply no exit possible -- either via IPO, or a sale to a larger company.