Saying no to Facebook cost him $400 million

Everyone has a story about the one that got away.

But no one has a better tale of woe on this front than Joe Green.

Back when he was a student at Harvard, his pal and roommate Mark Zuckerberg came to him in 2004 with an idea for a business that came to be known as Facebook. Zuckerberg suggested they drop out and turn their attentions to his plan.

The two had worked together while students on another website project called Facemash, so they had a strong bond.

Problem was that Facemash got them in trouble with university officials. So much so, in fact, that Green was threatened with expulsion if he didn’t tone things down.

So when buddy Zuckerberg came along with his latest rock-the-boat idea, Green backed off.

That decision, as pointed out in this piece from Good Morning America, roughly cost him a cool $400 million.

Zuckerberg’s now worth billions.

Green, it’s noted, has gone on to other good things and he’s far from regretful, he said.

He even owns a bundle of Facebook stock.

What coulda’ been though …

4 comments Add your comment

trudat

January 31st, 2012
3:24 pm

Ouch, thats gotta hurt.

Olde fan

January 31st, 2012
4:30 pm

Owns Facebook stock??? I don’t think this has gone public yet, for there to BE stock.

ABC

January 31st, 2012
6:07 pm

Olde fan: just because a company is not public doesn’t mean people don’t own stock. It just means it is not publicly traded. Maybe you should have paid attention in Finance 101

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