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Started By
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Is this the greatest financial blunder of all-time?
Posted on 2/20/18 at 8:43 pm
Posted on 2/20/18 at 8:43 pm
quote:
Myspace quickly gained popularity among teenage and young adult social groups. In February 2005, DeWolfe held talks with Mark Zuckerberg over acquiring Facebook but DeWolfe rejected Zuckerberg's $75 million asking price.
Do you think this guy goes a day without thinking about Facebook's half trillion valuation?
37
Posted on 2/20/18 at 8:46 pm to AUsteriskPride
I ignored dabigfella’s investing advice once. It was way worse.
Posted on 2/20/18 at 8:47 pm to AUsteriskPride
Blockbuster not buying out Netflix strikes me as much worse. Blockbuster apparently had a problem with Netflix's policies in not ripping off their customers at every given opportunity.
Posted on 2/20/18 at 8:48 pm to AUsteriskPride
Why would you want to own a virtual old folks home
Posted on 2/20/18 at 8:50 pm to el Gaucho
quote:
Why would you want to own a virtual old folks home
I can think of billions of reasons why.
Posted on 2/20/18 at 8:51 pm to AUsteriskPride
If Simon Cowell and the guy who plays Jaime Lannister had a baby.
Posted on 2/20/18 at 8:51 pm to AUsteriskPride
Well MySpace sold a few months later for US$580 million, so I think he's okay with things.
Posted on 2/20/18 at 8:52 pm to AUsteriskPride
Bring back MySpace
Posted on 2/20/18 at 8:53 pm to OMLandshark
Excite could have purchased Google for $750k in 1999 but their CEO basically laughed the founders out the room.
quote:
Blockbuster apparently had a problem with Netflix's policies in not ripping off their customers at every given opportunity.
Posted on 2/20/18 at 8:54 pm to AUsteriskPride
Posted on 2/20/18 at 8:55 pm to Havoc
quote:
Well MySpace sold a few months later for US$580 million, so I think he's okay with things.
Well sure, but let's compare:
$580,000,000
$500,000,000,000
Posted on 2/20/18 at 8:56 pm to AUsteriskPride
Had MySpace bought Facebook, there is no way to know if Facebook would have grown to what it is today.
MySpace could’ve absorbed it and continued to suck.
I think Zuckerberg has the special sauce.
MySpace could’ve absorbed it and continued to suck.
I think Zuckerberg has the special sauce.
Posted on 2/20/18 at 8:57 pm to OMLandshark
quote:frick me, I thought Netflix was Blockbusters.
Blockbuster not buying out Netflix strikes me as much worse
Posted on 2/20/18 at 8:57 pm to AUsteriskPride
Hindsight is 20/20
Who’s to say he wouldn’t have ran Facebook into the ground?
Who’s to say he wouldn’t have ran Facebook into the ground?
Posted on 2/20/18 at 8:58 pm to AUsteriskPride
quote:
$580,000,000 $500,000,000,000
At that point, who gives a shite?
Posted on 2/20/18 at 9:00 pm to AUsteriskPride
Ron Wayne with apple
Posted on 2/20/18 at 9:01 pm to AUsteriskPride
Posted on 2/20/18 at 9:01 pm to AUsteriskPride
This post was edited on 2/20/18 at 9:03 pm
Posted on 2/20/18 at 9:03 pm to ellunchboxo
quote:
Who’s to say he wouldn’t have ran Facebook into the ground?
I'm assuming he would have allowed MZ to continue running the company.
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