Remote Sales Guy

Famously Facebook turned down Yahoo's $1B acquisition offer in 2006 and is now worth $1.28T. For many it does not turn out well: ▫️ Groupon declined a $6 billion offer from Google in 2010. Since then, its valuation has dropped to $600M ▫️ Moz declined a $25M M&A deal from Hubspot in cash and Hubspot stocks. In 2014, HubSpot had one of the most successful IPOs of any SaaS company. ▫️ Path rejected a $100 million buyout from Google. It was eventually sold for pennies. ▫️ Yahoo! turned down a $44.6 billion offer from Microsoft in 2008. It later sold to Verizon for just $4.8 billion in 2017 after years of declining ad revenue and strategic missteps. ▫️ Digg declined a $200 million offer from Google in 2008. It struggled and was eventually sold in parts for about $500k in 2012. ▫️ Qwiki turned down a $150M offer from Google and was later sold for $50M. ▫️ Friendster rejected a $30M offer from Google in 2003. The platform failed to scale effectively and couldn't keep up with Facebook. Eventually, it transitioned into a gaming site before being shut down in 2018. ▫️ Viddy turned down a $100M offer from Twitter in 2012 and was eventually sold for $15M in 2014.