Who Turns Down $500 Million in a Downturn? Twitter

Cash only! No more worthless company paper needs to be floating out there. A lot of people are still not paying attention as their financial world crumbles around them. You can't see the sand anymore, too many heads stuck...

It's repeated over and over again, but so many people just don't understand. It wasn't cash... it was stock for facebook. Facebook thinks themselves worth something like $20 billion or something even more outrageous. Plus it's a private company, so there is no way to turn that stock to cash, unless facebook goes public, get's bought for cash or stock in a publicly traded company), or someone wants to buy your shares. Te next person that posts about the offer being so much money, should be confined to a retard center.

If it was all stock, I too would turn it down. If it was cash then it would be the stupidest move ever.

I feel my brain cells die quicker every time I hear Sarah Lacy talk. Maybe she should stick to entertainment news on MTV or E.

I'm an older guy who likes using my computer(don't laugh) and I use it at work for IM's and e-mail (I said no laughing please) and I would like to know what's the difference between im-ing and twitter(stop laughing) Really can someone explain this IN SIMPLE TERMS PLEASE.......once you stop laughing

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I feel that this was a great move on his part right now. I hope other Americans can do the same when it comes to making decisions like this one. I know The Donald would have done the same.

i would not take FACEBOOK stock at all facebook is worth little maybe facebook is worth $500m