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-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   World's #1 idiot (https://gfy.com/showthread.php?t=725264)

Sarah_Jayne 04-18-2007 01:30 AM

Wouldn't we all love to be in the position to take that gamble?

Doctor Dre 04-18-2007 01:32 AM

His site got lots of potential to be exploited left... Don't count him out too fast. Way more revenue streams then myspace long term.

Martin3 04-18-2007 02:07 AM

Yes, the man that built(in part) an online enterprise worth $1 billion is an idiot.:1orglaugh

This is why I love GFY. Maybe one of you guys and your $20 webair virtual accounts can be his next competitor. :1orglaugh

Pumba 04-18-2007 03:07 AM

Is there really diffrence between 1B and 2B? I don't know how I would spend it. You need to buy stupid thing to spend it. And no metter how I like stupid things, 1B is BIG number.

Ssv 04-18-2007 03:23 AM

Quote:

Originally Posted by calibra (Post 12271728)
No, world's #1 idiot is my ex-mother-in-law-stupid-cow. This guy is #2.


:1orglaugh :1orglaugh :1orglaugh

X37375787 04-18-2007 03:54 AM

The guy's not an idiot. FB has been picking up a lot of the My$pace crowd recently, grows in popularity exponentially. I see him selling it within a year for more than $1b.

jasminexxx 04-18-2007 03:58 AM

he is not an idiot , he just want more , he is young and he can wait :)

nico-t 04-18-2007 04:09 AM

why do all those internet dudes who can sell their sites to the big guys look like extreme nerds? maybe if i change my look id be more succesful..

Ron2k1 04-18-2007 04:18 AM

Maybe he can get more in the future, but WHY does the guy want more?

zibril 04-18-2007 05:15 AM

Asshole!!!

Nicky 04-18-2007 05:48 AM

Quote:

Originally Posted by rowan (Post 12271935)
Even if he never invested or worked again he'd still be able to spend something like a million dollars after tax, every year, for the rest of his life.

If he lives for ~650 years yea. If he puts it into something that gives 1% yearly interest he can spend ~ $7 mil per year and still have that 1 billion on the bank :helpme

Verbal 04-18-2007 05:54 AM

Damn guys, maybe he just loves what he does ... makes enough money right now to do all the things he already wants to do. Perhaps he doesn't want to see some big company destroy something he has worked so hard to build up. It's not always about money.

GatorB 04-18-2007 06:10 AM

Quote:

Originally Posted by Verbal (Post 12272646)
Damn guys, maybe he just loves what he does ... makes enough money right now to do all the things he already wants to do. Perhaps he doesn't want to see some big company destroy something he has worked so hard to build up. It's not always about money.

No see if it was $1 million or even $10 million you can say "It's not about the money" at $1 BILLION, yeah it should be about the money.

ServerGenius 04-18-2007 06:21 AM

Cover title for next month issues: To all the idiots who called me the world's #1 idiot last month.

Followed by the subtitle: Dude accepts 15 Billion offer from Google of which
10 billion in cash and 5 billion in stock options.

Aneros Josh 04-18-2007 06:27 AM

He may just be like Craig Newmark and actually take pride in what he has created and not want to see it go to some money grubbing internet company...as dumb as I think it is, you have to give the guy props for sticking by something he created and believes in

Klen 04-18-2007 06:33 AM

He been offered 1 billions and he refused?If yes then he is idiot.

Ravage 04-18-2007 06:43 AM

well, if they're offering $1billion now, just think what they'll offer later. But he is rather stupid.

Maybe he hates Yahoo and is waiting for Google?

shoeaholicanon 04-18-2007 06:45 AM

OMG. He'll come to regret that one!!

Big_D 04-18-2007 06:47 AM

well, one thing is for sure, he has a lot more publicity about it now....

i definitley see him selling it within the next year or two

HomerSimpson 04-18-2007 07:39 AM

stupid kid!

Never refuse ca$h especially BIG numbers!

Ace_luffy 04-18-2007 07:41 AM

ok fine...:) :) :)

rowan 04-18-2007 12:03 PM

Quote:

Originally Posted by Nicky (Post 12272633)
If he lives for ~650 years yea. If he puts it into something that gives 1% yearly interest he can spend ~ $7 mil per year and still have that 1 billion on the bank :helpme

lol, oops, dropped a zero somewhere. :winkwink:

Don't forget to account for inflation - 4-5% p/a and he'd still have more money than he could ever spend

rowan 04-18-2007 12:04 PM

Quote:

Originally Posted by Platinum ChrisM (Post 12272836)
well, if they're offering $1billion now, just think what they'll offer later. But he is rather stupid.

They may offer nothing later if the bubble bursts in the meantime. :2 cents:

sherie 04-18-2007 12:13 PM

It's the guys decision...I agree with FleshJosh. Who knows what his plan is, whatever it maybe it's his to make. Good luck to him! I also wonder just how much of that was cash and how much was stocks...Must be nice to be in a position to turn down a BILLION dollars!!

SxDx 04-18-2007 12:18 PM

hearing about/reading about things like this makes me want to blow my head off

webair 04-18-2007 01:12 PM

good for him resistance is futile!

Jon Clark - BANNED FOR LIFE 04-18-2007 04:04 PM

I got my mag today... He says FaceBook will be making that yearly by 2010 and he is in for the long haul...

VicD 04-18-2007 04:09 PM

Maybe hes the worlds smartest...

Jon Clark - BANNED FOR LIFE 04-18-2007 04:10 PM

https://gfy.com/fucking-around-and-business-discussion/725544-reason-facebook-1-billion-post12276337.html

DeanDick 04-18-2007 04:20 PM

He should sell 50% of the company and keep the other 50%. I bet half a billion is a lot of fun to have.

jpwhits 04-18-2007 04:23 PM

Im sure Bill Gates and Steve Jobs got to the positions they are in today by not selling out.

sandman! 04-19-2007 02:21 AM

Quote:

Originally Posted by GatorB (Post 12271523)
WHo cares if it;s worth 100X ties as much. it's $1 BILLION.

Ok say he go it all cash all at one. Even under our tax code that $650 MILLION after taxes. Now say he puts it all in a non interest bearing account. He can still spend $17,800 a day EVERY DAY until he's 122 which would break a world record for longest lived person.

your an idiot he does not own 100% of the company


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