It's ballsy for sure. If you have a company on a massive trajectory however, smart investors could convince you that you'll be worth more if you pass on the off

It's ballsy for sure. If you have a company on a massive trajectory however, smart investors could convince you that you'll be worth more if you pass on the offer. Mark did the same thing. Evan Spiegel passed on a 3B offer for Snapchat, and he owns 14% of the company. Today despite the drop, Snapchat is still worth $18B and Evan is worth 4B. And he also gets to stay CEO and control the product, which is a huge benefit of staying independent. Citation: http://www.businessinsider.com/snap-stock-price-evan-spiegel-net-worth-q1-2017-5 http://www.businessinsider.com/snap-stock-price-evan-spiegel...