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Comment on Startups That Rejected $100M Offers

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Yahoo! turned down an offer of 60M from AOL in early days of internet boom. Facebook turned down Yahoo!'s 1B offer. Google turned down Yahoo!'s 3B offer.

When IBM was melting down at the beginning of the 1990s, they used Thomas Watson Jr. to reach out to Bill Gates and offer to buy Microsoft and make Bill President / CEO of IBM.

At the time Microsoft's market cap was around $10 billion (with IBM around $30 billion).

Gates would have lost out on upwards of a hundred billion dollars plausibly.

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