Medium once tried to give away about 10 percent of the company for $ more than $20 billion , and not one investor would take up the offer. Even high-risk investors will reject big opportunities if they don't fit into a predetermined set of criteria. Brian Chesky , co-founder and CEO of Airbnb , took to Medium yesterday to post some responses he received from potential investors way back in 2008 , just as the company was setting out. Following meetings with seven “prominent investors in Silicon Valley ,” one responded — and each turned the investment opportunity down.
Medium once tried to give away about 10 percent of the company for $ more than $20 billion , and not one investor would take up the offer. Brian Chesky , co-founder and CEO of Airbnb , took to Medium yesterday to post some responses he received from potential investors way back in 2008 , just as the company was setting out. Following meetings with seven “prominent investors in Silicon Valley ,” one responded — and each turned the investment opportunity down.