In 1999, Larry Page and Sergey Brin wanted to sell Google for $1 million.
They were rejected (by Excite).
They then considered selling for $750,000.
They were rejected again.
Here are early rejection stories from 5 other famous companies…
They were rejected (by Excite).
They then considered selling for $750,000.
They were rejected again.
Here are early rejection stories from 5 other famous companies…
In 2000, Netflix wanted to sell itself to Blockbuster for $50 million.
“They laughed at us,” says Netflix co-founder Marc Randolph.
Netflix is now worth $195 billion.
“They laughed at us,” says Netflix co-founder Marc Randolph.
Netflix is now worth $195 billion.
In early 2005, MySpace was interested in acquiring Facebook.
Mark Zuckerberg asked for $75 million.
MySpace felt the price was too high.
Mark Zuckerberg asked for $75 million.
MySpace felt the price was too high.
In 2008, Airbnb’s founders wanted to raise startup capital.
They were seeking $150,000 in exchange for 10% of Airbnb.
They emailed 7 prominent investors.
5 of them sent back rejections.
The other 2 didn’t respond.
Today, a 10% stake in Airbnb is worth more than $8 billion.
They were seeking $150,000 in exchange for 10% of Airbnb.
They emailed 7 prominent investors.
5 of them sent back rejections.
The other 2 didn’t respond.
Today, a 10% stake in Airbnb is worth more than $8 billion.
Canva founder Melanie Perkins was rejected by investors more than 100 times.
“Most people said they weren’t quite ready,” she has said. “Each of these rejections hurt a lot.”
Today, Canva is said to be worth more than $30 billion.
“Most people said they weren’t quite ready,” she has said. “Each of these rejections hurt a lot.”
Today, Canva is said to be worth more than $30 billion.
Finally, the business now known as Ring had a very public rejection.
Jamie Siminoff pitched Shark Tank, back in 2013.
He wanted $700,000, which would’ve valued the business at $7 million.
There was no deal.
Amazon bought Ring for $1 billion in 2018.
Jamie Siminoff pitched Shark Tank, back in 2013.
He wanted $700,000, which would’ve valued the business at $7 million.
There was no deal.
Amazon bought Ring for $1 billion in 2018.
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