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Jul 20, 2022 · B Capital Group—an investment firm led by Facebook cofounder Eduardo Saverin, legendary investor Howard Morgan and former Bain Capital executive Raj Ganguly—raised $250 million from outside ...
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 claimed he ...
May 27, 2012 · In a new exclusive interview, eight years after the founding of Facebook, Eduardo Saverin finally talks openly about the website's creation, his current investments and, of course, his so-called ...
In the old company, Eduardo owned about 30%. In the new one, he owned 24%. Then Eduardo signed an agreement for his 3 million shares but had to give up intellectual property rights. This was big. Then Facebook pulled the rug from under him. Zuckerberg issued 9 million more shares, none of which went to Eduardo. It kept getting diluted from there.
Feb 1, 2012 · Facebook’s Chief Executive Officer, Mark Zuckerberg, owns far more shares than anyone else at the company, with just over 533.8 million shares. Co-Founder Dustin Moskovitz has almost 133.8 ...
The Social Network underlines the fact that investment transactions can be more complex than you may at first imagine. In the film, Eduardo Saverin didn’t read his documents properly and, unlike Mark Zuckerberg et al, received a separate share class that would be diluted by future investment.
