That night Accels co-managing partner, Jim Breyer, a Silicon Valley heavyweight whos also a director of Wal-Mart, hosted a dinner for Facebooks leaders at the elegant Village Pub near Palo Alto. The Pub is known for its wine list, and Breyer, a connoisseur, ordered a $400 bottle of Quilceda Creek Cabernet. Zuckerberg, still only 20, ordered a Sprite. Breyer was doing everything he could to loosen Zuckerberg up. But Zuckerberg remained uncomfortable about something. Then he started to tune out, Matt Cohler noticed.
Zuckerberg went to the bathroom and didnt return for a surprisingly long time. Cohler got up to see if everything was okay. There, on the floor of the mens room with his head down, was Zuckerberg. And he was crying. Through his tears he was saying, This is wrong. I cant do this. I gave my word! recalls Cohler. He was just crying his eyes out, bawling. So I said, Why dont you just call Don up and ask him what he thinks? Zuckerberg took a while to compose himself and returned to the table.
The next morning he did call Graham. Don, I havent talked to you since we agreed on terms, and since then Ive had a much higher offer from a venture capital firm out here. And I feel I have a moral dilemma, Zuckerberg began.
Graham was disappointed, but he was also impressed. I just thought to myself, Wow, for 20 years old, that is impressive hes not calling to tell me hes taking the other guys money. Hes calling me to talk it out. Graham knew that even his first offer was very high for a company so tiny and so young. Mark, does the money matter to you? Graham asked. Zuckerberg said it did. It could, he went on, be the one thing that could prevent Facebook from going into the red or having to borrow money. Mark, Ill release you from your moral dilemma, said Graham. Go ahead and take their money and develop the company, and all the best. For Zuckerberg it was a huge relief. And it further increased his respect and admiration for Graham. (Zuckerberg eventually asked the publisher to take a seat on the Facebook board.)