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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.
Oct 27, 2022 · Eduardo Saverin. Co-founder Eduardo Saverin owns about $5 billion worth of shares in Facebook. Saverin was also involved in a lawsuit against Facebook in the company’s early years, accusing the founders of unfairly diluting his shares. While retaining his stock in Facebook, Saverin went on to become an angel investor.
May 22, 2012 · Eduardo Saverin, Facebook IPO Saverin is one of the original co-founders of Facebook. Born in Brazil and raised in Miami, Saverin was a classmate of Zuckerberg's at Harvard.
Strategic Decision-Making and Control: Zuckerberg's strategic decisions, including share issuance and intellectual property transfer, solidified his control and facilitated Facebook's growth. This highlights the importance of strategic planning and control in startup success.
Nov 3, 2023 · Saverin's net worth in 2023 is estimated at $10.8 Billion. Eduardo Saverin's investments as an entrepreneur have made him a very wealthy man. Ever since he sued Facebook — he ended up reaching a settlement with terms that have not been disclosed — he has seen his net worth skyrocket to as much as $10.8 billion.
I am a co-founder and the first investor of Facebook Inc., a company which from its… · Experience: B Capital Group · Education: Harvard University · Location: Singapore · 500+ connections on LinkedIn. View Eduardo Saverin’s profile on LinkedIn, a professional community of 1 billion members.
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