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July 2006
- That came in July 2006, when Yahoo tried to buy Facebook, then a college-oriented network with roughly 7 million members, for $1.1 billion.
www.fastcompany.com/40544277/the-glory-that-was-yahooThe history of Yahoo, and how it went from phenom to has-been
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Apr 16, 2017 · With a decade of Facebook success behind us, we can recognize Zuckerberg’s decision as prescient (judging by 2016 levels, Yahoo undervalued Facebook by more than 300 times).
- Mike Hoefflinger
- Henry Blodget
Sep 6, 2007 · Zuckerberg disagreed, but when Yahoo came calling with a bid of $1 billion in cash, the pressure became too much. He relented in July, verbally agreeing to sell Facebook to Yahoo.
Jul 14, 2021 · When Yahoo offered to buy Facebook for $1 billion in 2006, Mark Zuckerberg said he wouldn't know what to do with the money, according to a new book about the social-media giant.
- Henry Blodget
Facebook reportedly turned down a $750 million offer from Viacom in 2006. [3] That same year, Yahoo! attempted to buy the company for $1 billion but Zuckerberg refused. [4] Also that year, BusinessWeek reported a $2 billion valuation for the company. [5]
Mar 21, 2018 · That came in July 2006, when Yahoo tried to buy Facebook, then a college-oriented network with roughly 7 million members, for $1.1 billion.
May 13, 2010 · In the fall of 2006, Yahoo came back to Facebook and suggested it would pay $1 billion or more. But by then, Facebook had opened the site to people beyond college and high school students.
With a decade of Facebook success behind us, we can recognize Zuckerberg's decision as prescient (judging by 2016 levels, Yahoo undervalued Facebook by more than 300 times).
