A business feels as though an entrepreneur’s child — it written it and you will raised they to become what it is. But once a deal for loads of bucks happens for this, it could be hard to state no. While some business owners could well be ready to let go, anyone else choose make the exposure and you may hang on.
Out-of Bumble’s Whitney Wolfe reducing a great $450 mil render to help you Evan Spiegel saying zero so you can $3 mil off Facebook, here are a few this type of 9 entrepreneurs which rejected purchases and you will ran onto be very profitable.
Carousell
Quek Siu Rui, new maker away from Carousell, a software getting promoting utilized items on line, was given $100 million to possess his team number of years back. Motivated of the Facebook’s Draw Zuckerberg, whom as well as denied of a lot even offers inside the beginning, Siu Rui with certainty turned-down the $100 mil give. Siu Rui today works a family having a $five hundred mil valuation, and you will plans to grow around the world.
Foursquare
During 2009, Foursquare was created, are a high social app in which people you’ll check up on urban centers and you will stick to the whereabouts of its household members. After far triumph, in 2010, Fb accessible to buy Foursquare to have $120 billion and you may Bing apparently given it anywhere between $100 to help you $120 billion. Foursquare’s following-President Dennis Crowley denied and you will countered such now offers which have increased count, and this one another people turned down. The good news is to have Foursquare, once a major pivot over the past lifetime on an excellent large studies company, the company enjoys hit major gains. Continue reading
