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Jan 7, 2022 · Saverin’s 24 percent was a drop from 30 percent, and when Zuckerberg required Facebook to provide 9 million common stock shares, Saverin was cut out completely. The new issuance diluted...
Mar 19, 2019 · Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore. What's gotten a lot less attention is his increasingly sprawling $360 million venture...
Facebook filed a lawsuit against Saverin, arguing that the stock-purchase agreement Saverin signed in October 2005 was invalid. Saverin then filed a suit against Zuckerberg, alleging Zuckerberg spent Facebook's money (Saverin's money) on personal expenses over the summer. [22]
May 15, 2012 · This is the story of how Saverin got so angry at Zuckerberg—how, from Saverin's perspective, Zuckerberg screwed him out of a huge chunk of Facebook stock.
Feb 4, 2024 · Saverin moved to Singapore in 2009 and renounced his U.S. citizenship two years later, which resulted in huge savings capital gains taxes when he cashed out his Facebook shares. Saverin...
Dec 21, 2023 · After suing Facebook and reaching a settlement with terms that have never been disclosed, Saverin reportedly owns a two per cent stake in the company. Of course, as the company now known as...
Eduardo Saverin cofounded Meta Platforms, formerly Facebook, with Harvard classmate Mark Zuckerberg in 2004.
