Reminds me of a story I heard about Photobucket. The founder there apparently had a $1M cash offer early on to sell out. At that point his credit cards were maxed and was really struggling to keep the thing afloat.
He chose to pass and went on to sell the company for $300M to Newscorp. Of which he owned a significant portion.
He chose to pass and went on to sell the company for $300M to Newscorp. Of which he owned a significant portion.