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Comment by rokhayakebe | Hacker News Reader

People talk about Larry and Sergey being visionary entrepreneurs, but they attempted to sell their vision for $1M to Yahoo at some point. Mark, on the other hand, has declined every offer to sell FB. I personally think the guy is visionary.

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You don't think that Mark Zuckerberg's "vision" has anything to do with the precedent set by prior entrepreneurs, including Larry and Sergei? Think about the consumer-facing internet companies that existed prior to 1999 when Larry and Sergei were in the early stages of their company versus what Zuckerberg had to look back on in 2005. A lot changed in those intervening years between 1999 and 2005.

That's only because he succeeded. A lot of "visionaries" have become irrationally attached to failed ventures and drove themselves bankrupt.

It's not necessarily a good idea to get too attached to a business. The whole point of finance is calculated risk taking.

Search was a technical achievement of such magnitude that the founders' first product was considered a seminal work in computer science. That is visionary bro.

he also cashed out in the series A to make himself wealthy, which made selling early less attractive. With the Yahoo negotiations, there was a price he would have sold at, they just took too long to reach it.

sure that he cashed out so early ? Any source for that info ?

Its in 'The Facebook Effect'

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