Dustin and I ultimately decided to reject Yahoo's offer, believing we could connect with more than just the 10 million users in schools and create something truly successful.

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.

We decided to forgo our initial revenue from website creation to focus on building a network, which made it easier to attract more companies to join Link Exchange.

After declining the offer, I felt fortunate that my belief in our direction paid off quickly, as we launched Newsfeed shortly after, which became one of the most used products globally.

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.

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.

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.

When we decided to join Y Combinator, we were already profitable and saw it as an opportunity to scale our team and improve our fundraising efforts.