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  1. Jan 7, 2022 · Saverin, one of the co-founders of Facebook, was cut out by Zuckerberg in 2004 and sued him for invalid stock purchase. He reportedly received $5 billion in shares as part of the settlement.

  2. May 27, 2012 · On the now infamous e-mail sent by Mark Zuckerberg to another Facebook cofounder, Dustin Moskovitz, in which he discusses how Saverin's stake in the site could be reduced: "I have only good things ...

  3. Mar 19, 2019 · Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore. ... It’s now a $475 billion tech giant, but only Mark Zuckerberg is still at work there. (1 ...

  4. May 15, 2012 · In late 2003, Harvard sophomore Mark Zuckerberg asked a Harvard student named Eduardo Saverin, a junior, to deposit $15,000 in a bank account that would be accessible to both of them.

  5. Feb 6, 2020 · Learn how Mark Zuckerberg and Eduardo Saverin, along with other Harvard classmates, created Facebook in 2004. Find out how they faced legal troubles, expanded the network, and became billionaires.

    • Mary Bellis
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  7. Aug 23, 2018 · Having been chief financial officer and business manager for Facebook since its conception, Saverin was reportedly cut from Facebook by Zuckerberg in 2005 and had his shares in the company diluted.

  8. Later, Zuckerberg and Saverin each agreed to invest another $18,000 in the operation. As co-founder, Saverin held the role of chief financial officer and business manager. On May 15, 2012, Business Insider obtained and released an exclusive email from Zuckerberg detailing how he cut Saverin from Facebook and diluted his stake.