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Reminds me of a story I heard about Photobucket. The founder there apparently had a $1M cash offer early on to sell out. At that point his credit cards were max
by enjo 12y ago
Reminds me of a story I heard about Photobucket. The founder there apparently had a $1M cash offer early on to sell out. At that point his credit cards were maxed and was really struggling to keep the thing afloat.
He chose to pass and went on to sell the company for $300M to Newscorp. Of which he owned a significant portion.
- pcrh 12y ago>Of which he owned a significant portion. He sold Photobucket to a company that he partly owned? That sounds more like a merger..?
- crazypyro 12y agoSignificant portion of his start-up, Photobucket. He didn't own Newscorp...
- hkmurakami 12y agoI remember that Tony Hsieh had a similar experience with Linkexchange.