If I was 19 yo I'm not so sure I wouldn't give up 50% of a company for $1k. Remember, at age 19, you haven't actually created anything of value. This $1k seems like a free computer at the time. And in the off chance this company does well, 50% of $1B is $500M. I'm happy to just have my $500M. Or at least I would be at the time I'm hypothesizing about this company.
Of course, Mark wouldn't take that deal now if he started a new company. But I bet you can still find a relatively bright student somewhere who would.