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My sense is that the people in charge of Facebook are happy to take big risks with their company, and I don't see why they shouldn't. Whether the company sells
by sethjohn 19y ago
My sense is that the people in charge of Facebook are happy to take big risks with their company, and I don't see why they shouldn't.
Whether the company sells now for $6 billion or tanks and sells for $600 million in a few years, they'll have a lifetime of riches. With money a less important consideration, the question becomes which would be a more interesting activity for the next decade: Building a globally powerful company that fundamentally changes how the internet game is played...or becoming idly rich?
Financial risk/benefit calculations are much different for an individual than they are for a large corporation.