It cannot be taken for granted that Mark was fairly shrewd at business in his own right. I see shades of Gate's more than I see shades of Larry or Sergey. I was

It cannot be taken for granted that Mark was fairly shrewd at business in his own right. I see shades of Gate's more than I see shades of Larry or Sergey. I was clear for day one that Mark knew he was onto something and that he would be willing to walk away from the table. When you have the capability to do that you set the terms. After possible the first round he no longer was in absolute need of capital. He had the users and could have chosen the slow growth option. After MySpace did themselves in, he was holding all the cards because the competition was then well in the rear-view after that event.