Selling Your Company
The rich are different than you and me.
Yes, they have more money.
It seems inconceivable that Mark Zuckerberg would ever sell his company. Keep in mind that he set in place powerful mechanisms to keep control. He has also rebuffed several mega-buyout offers.
Yet there was a point when Zuckerberg agreed to sell his company. It was in 2006, and he had a deal with Yahoo! for $1 billion. But then Yahoo! reported a weak quarter, and the stock price fell. The deal was off.
There is nothing wrong with selling your company. It’s a much more likely outcome than going public. It can also be ...
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