Search results
June 2006
- In June 2006, Yahoo decided it had to have Facebook In the summer of 2006, Yahoo decided to offer Facebook $1 billion. Facebook's investors and many of its executives wanted to sell. But Facebook was about to launch the News Feed, and if it went well, Mark Zuckerberg figured the company would be worth way more than a $1 billion.
www.businessinsider.com/all-the-companies-that-ever-tried-to-buy-facebook-2010-511 companies that tried to buy Facebook back when it was a ...
People also ask
When did Yahoo buy Facebook?
Did Zuckerberg buy Facebook?
Did Microsoft buy Facebook?
What was Facebook worth in 2006?
Why did Yahoo lower its offer to $850 million?
What was Facebook worth when it was a startup?
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.
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]
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
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.
- Henry Blodget
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.
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).
