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Peter Thiel, the co-founder of PayPal and an early investor in Facebook, has often recounted the story of Mark Zuckerberg's decision to turn down a $1 billion acquisition offer in 2006. At the time, Facebook was still a relatively young company, but it was growing rapidly and gaining significant traction among college students and beyond. The offer came from Yahoo, and it was a substantial amount of money, especially for a company that was only a couple of years old. Many people, including some within Facebook, thought that accepting the offer would be the prudent move. However, Zuckerberg, who was just 22 years old at the time, decided to reject the offer. Thiel, who was on Facebook's board at the time, supported Zuckerberg's decision. He believed in the long-term potential of the company and shared Zuckerberg's vision for what Facebook could become. Thiel has often praised Zuckerberg's foresight and conviction, noting that turning down such a large offer was a bold move that demonstrated Zuckerberg's confidence in the future of the company. In hindsight, the decision to reject the offer proved to be the right one. Facebook continued to grow exponentially, eventually becoming one of the most valuable companies in the world. By the time Facebook went public in 2012, it was valued at over $100 billion, and its market capitalization has since soared to hundreds of billions of dollars. Thiel's recounting of this story often serves as a lesson in the importance of vision, conviction, and the willingness to take risks in the pursuit of long-term success. It also highlights the role of supportive investors who believe in the founder's vision and are willing to back them, even when the path ahead is uncertain. Media: School of Entrepreneurship and Innovation - SEI / YT - #markzuckerberg #facebook #ceomindset #harward #facebookquotes #embracefailure #successjourney #keeppushing #learnfromfailure #nevergiveup #trusttheprocess #failure #greatnessawaits #growth #growthmindset #decision #innovation #tech

• #keeppushing
• #embracefailure
• #ceomindset
• #successjourney
• #nevergiveup
• #facebook
• #markzuckerberg
• #facebookquotes
• #learnfromfailure
• #harward

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This post was published on 10th March, 2025 by Mudassir on his Instagram handle "@ethical_finance_hub (Ethical finance hub)". Mudassir has total 643 followers on Instagram and has a total of 245 post. Mudassir receives an average engagement rate of 12.98% per post on Instagram. This post has received 0 comments which are than the average comments that Mudassir gets. Overall the engagement rate for this post was lower than the average for the profile. #keeppushing #embracefailure #ceomindset #successjourney #nevergiveup #facebook #markzuckerberg #facebookquotes #learnfromfailure #harward has been used frequently in this Post.