Mark Zuckerberg is a Buttmunch

Posted by Nessa | Posted in ,, | Posted on April 29, 2007

5

Mark

It takes a real ego to turn down $2 BILLION dollars. That’s exactly what Mark Zuckerberg, the Founder/CEO of Facebook, did when Yahoo and Viacom offered to buy him out. I was reading this in Fast Company this morning and I was couldn’t believe that two of the largest marketing firms in the world would want to buy a MySpace wannabe. I can’t really blame him for turning it down, though…since in a couple years his little business might be worth twice that much. According to Fast Company, the worth of Facebook is based these facts:

  • It consists of over 47,000 college, high school, employee, and regional networks
  • It handles over 600 million searches and mor than 30 billion page views a month
  • It’s the 6th most-trafficked site in the U.S.
  • It’s the biggest photo sharing site on the web, with 6 milling being added daily to it’s database of over 1 billion
  • It grows at an average percent of 3% a week, which is a lot faster than my boobs grow.

Even though this kid could probably buy all the pocket protectors he wants, I’m still not sure of what he was deserving of a 7-page long article in FC. There’s nothing interesting enough about this kid to hold my attention for 7 pages, considering that in high school I ordered the cliffs notes for the Joy Luck Club, then ended up hiring some guy to write my paper because it was still too long.

You can read the online version of the article here.

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Comments (5)

I would have to disagree with you on this, I think it is awesome for him passing it up. I have yet to read this article, but I know on another article I read he was talking about how he would rather have an awesome place for people than sell out soon and have it fail. And your comment about a MySpace wanna be …. Facebook is hands down better than MySpace, not to mention the data mining aspects of Facebook are 10x better than MySpace = more valuable to business that might buy him.

this is why i’m cool and you’re not =)

That is a horrible come back :P

yeah still waiting on a good one ….

i’ll show you a good one when you come to VB =)

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