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The guy turned down a minimum of $10,000,000. Is he stupid? (I should add, I would take that deal, because if twitter add in any kind of image service or some o
by smiler 17y ago
The guy turned down a minimum of $10,000,000. Is he stupid? (I should add, I would take that deal, because if twitter add in any kind of image service or some other service gets popular...)
- ryanhuff 17y agoWhether turning down $10M was a bad idea depends on a number of factors, from expected revenues to his own life goals. $10M would certainly provide for a lot of freedom. The 800lb gorilla is Twitter, and if/when they start to cannibalize the third parties in an effort to build their own revenues. Twitter certainly isn't at that point yet, but it will happen eventually.