Hacker News new | past | comments | ask | show | jobs | submit login
A VC: Facebook Will Sit Tight, As It Should (avc.blogs.com)
7 points by joshwa on July 17, 2007 | hide | past | favorite | 1 comment



Friendster will also sit tight, until the next firesale.

The big advantage of not selling seems to be: If you sell, you have to stop playing the CEO game. Success isn't something you can luck into every time you make a copycat website: Usually they don't take off in a big way.

If you cashed out, you'd have cash, but you would stop being a mighty-famous bigshot.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: