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The real Eduardo Saverin story is not the one depicted in the "Social Network" movie.
by renaudg 10y ago
The real Eduardo Saverin story is not the one depicted in the "Social Network" movie.
- tinkerrr 10y agoDo you know the real Eduardo Saverin story? Genuinely curious
- renaudg 10y agoI don't have any insider knowledge, but here's a good account : http://www.businessinsider.com.au/how-mark-zuckerberg-booted-his-co-founder-out-of-the-company-2012-5 http://www.businessinsider.com.au/how-mark-zuckerberg-booted... In a nutshell: when Zuck & friends moved to Palo Alto for the summer to work on Facebook, Saverin decided to take an internship at Lehman Brothers in NYC instead. It became increasingly hard to get his attention, even as his approval was required for a crucial funding step. Worse still, Saverin then ran unauthorized ads on the platform for a side project of his. He kept asking about parties in Palo Alto. That's when Zuck decided that enough was enough and started to cut him off. So it's fair to say, at the very least, that the culture fit wasn't there and that the Social Network movie didn't paint the whole picture. I think it's also fair to say that Saverin brought all this upon himself by repeatedly failing to show commitment in the company, and that he still got a sweet deal in the end because Facebook wouldn't have been anywhere near as valuable had he remained involved.
- rahrahrah 10y agoIt actually is. And Eduardo Saverin got a few million in damages for what would be a hundreds of billion in stock that was stolen from him.
- renaudg 10y agoIt's definitely not, see my link above.
- skinnymuch 10y agoEduardo is a billionaire because of Facebook...
- renaudg 10y agoDownvotes for saying this, really ?