3min chapter

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LATW 2022: Art of the Deal

a16z Live

CHAPTER

What Happened to Facebook?

For each of the great tech companies, there were almost always moments where they would have or almost did actually sell the company very, very, very early on. Facebook's got lucky because Blockbuster and Viacom, which owned a big chunk of it, had so much, put so much debt on it. Netflix almost sold the blockbuster. The internal Yahoo deal deck on buying Facebook, this is 2008, leaked to the press.

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