Sunday, December 24, 2006

22 year old web wizard turns down $1 billion for Facebook.com

Mark Zuckerberg, 22, a Harvard College dropout has turned down an offer from Yahoo.com to sell his social networking site, http://www.facebook.com. Yahoo offered him $1 billion for it and rumors are now out that Yahoo was willing to pay $1.6 billion. This type of money is similar to what Google paid the founders and venture capitalists of http://www.youtube.com

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