Every time a twenty-something CEO turns down a multibillion-dollar offer for a company that has little or no revenues, it hits a raw nerve in me. Unlike most professionals, I am not shocked by the seemingly bizarre behavior of those founders who pursue their vision beyond all rational thought or monetary reward.

In an era of endless innovation and constant disruption, what is any company really worth? How does a startup determine its valuation?

Zuckerberg rejected $2 billion for Facebook and has successfully created a company worth nearly $200 billion.

Jay Samit Quotes