After turning down Yahoo's offer, we decided to focus on connecting more people, which ultimately led to significant growth.

At the time of Yahoo's offer, Facebook had 10 million users, and it wasn't clear that we would succeed beyond that point, leading to intense discussions within the company about whether to sell or continue building.

The decision to reject the offer was stressful, as many believed we should sell the company, and I realized I hadn't effectively communicated our mission to the team. Turning down Yahoo's billion dollar offer was painful because it led to a significant loss of trust within the company, resulting in many employees leaving due to a lack of belief in our vision.

One of the hardest moments for me was when Yahoo offered to buy Facebook for a billion dollars, forcing us to consider our future direction.

We chose to launch Facebook at schools with existing social networks to ensure our product was superior, which would justify the time and effort invested in its development.

When we sold broadcast.com to Yahoo for $5.7 billion in stock, I was focused on protecting my investment from the market bubble.

After being rejected by Y Combinator with their initial idea, we were invited to join the program under the condition that we work on something else, which led to the creation of Reddit.

I turned down a $12 billion offer from Microsoft because I felt that we had a unique opportunity to create something special and control our own destiny.

Yahoo offered to buy Facebook for a billion dollars, which was a significant turning point for the company, as it forced us to evaluate our future and the potential impact of what we were building.