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What a negative article. I disagree that any founder is "stupid" for not jumping on their first chance at life-changing money. By BusinessInsider logic, Facebook should have been bought out by Friendster or Microsoft. Dropbox should have been acquired by Apple. There are other examples. This approach just encourages a "get rich quick" mentality, which is probably not the best way to create unique and impactful products.

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The point is that turning down an acquisition is a gamble (past performance is no guarantee of future results). That's not "positive" or "negative". People remember the success stories but oftentimes don't think of the failures ("survivorship bias")

I found it well balanced. They included several examples of people like Zuckerberg who turned down large amounts of money and were later proven correct.

I found that it cast those cases as extremely rare, and that you shouldn't look to them as inspiration to turn down an offer.

The chance that you are 'Facebook' good is slim, even if you have a $100M offer. If you're ever in the position of deciding to accept/decline a $100M offer on your company, then you probably want to be realistic about your options, even if you decide to go with your heart.

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