Mark Zuckerberg Betrayed Facebook’s Cofounder in This Email According to that movie from 2010, Justin Timberlake persuaded Mark Zuckerberg to screw his college friend (and Facebook cofounder) Eduardo Saverin out of the company Here’s the cutthroat
Mark Zuckerberg On His Co-Founder: just take the lawsuit. . . I . . . His plan: Reduce Eduardo’s stake in TheFacebook com by creating a new company, a Delaware corporation, to acquire the old company (the Florida LLC formed in April), and then distribute new shares in the new company to everybody but Eduardo
How Did Mark Zuckerberg Dilute Eduardo - CEO! In 2008, Saverin filed a lawsuit against Zuckerberg, claiming that the latter had illegally diluted his stake in the company The lawsuit revealed that Zuckerberg had asked several venture capital firms to invest in Facebook, and in exchange he had reduced Saverin’s stake in the company
Eduardo Saverin: The other half of Facebook - PACE Business Had Eduardo been able to hold on to his 30%, he would be worth a whopping $34 billion right now Business Insider was able to obtain the email Mark Zuckerberg sent to his lawyer asking him to draft the paperwork that would lead to Saverin’s dilution