Eduardo Saverin Finally Opens Up: 'No Hard Feelings Between Me And Mark Zuckerberg' Eduardo Saverin Finally Opens Up: 'No Hard Feelings Between Me And Mark Zuckerberg' {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. Full Bio The author is a Forbes contributor. The opinions expressed are those of the writer. Loading ... This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe Eduardo Saverin on the cover of Veja (Photo by Gilberto Tadday) It took almost a decade, one Hollywood flick and roughly a billion friends for Eduardo Saverin to agree on telling his side of the story about the founding of Facebook , the social-networking website that since 2004 has changed the way we communicate. Now, tens of billions of dollars later, the Brazil-born, Miami -bred billionaire finally addressed some of the topics that have been fueling people's imagination for years.

Much of what people say about him is--he states--nothing but "Hollywood fantasy." In a revealing, world-exclusive interview with reporter Fábio Altman published this weekend by Veja , Brazil's leading newsmagazine, Saverin explained that he never talked to the media before due to contract restraints with the other Facebook shareholders. Ready to set the record straight, and after months of negotiations, Saverin welcomed Altman and photographer Gilberto Tadday at his new multi-million dollar condo in Singapore, where he lives since 2009, which also serves as his office. He keeps connected to the world through his iPhone, iPad, and his 3 Mac displays, one of which is constantly running weather softwares about hurricanes and tsunamis, a childhood hobby deepened by the time when he saw how Hurricane Andrew struck South Florida, in 1992. "I was fascinated by it, and, already having some scientific knowledge, I was able to see the eye of the hurricane, literally." Funny story: Saverin first made international headlines at the tender age of 13, when he beat a chess grandmaster during a match in Orlando .

The fact was so unusual that he was mentioned on an article published by The International Chess Magazine. His parents’ best bit of the day: moments before delivering the checkmate, Saverin turned to his mother and asked, "Do you think it's alright if I win?" Described by Altman as a shy, and yet strong-willed person, Saverin began his chat with the journalist explaining how his family immigrated to the United States from Brazil, in the early 1990s. Contrary to what has been said, the Saverins didn't choose to leave the South American nation because of kidnapping threats. "I've always wanted to live in the United States, that was a dream I decided to fulfill because Brazil was facing a crisis, [former president] Fernando Collor had just freezed all saving accounts, the situation wasn't easy," said Roberto Saverin, Eduardo's father, who now runs a Miami-based pharmaceutical drugs export business and was also interviewed by Altman. Along with his wife, a psychologist, and his three children--Eduardo being the youngest one--Roberto settled in the Florida city which is a favorite destination for Brazilian tourists and immigrants. Only years after moving to the U.S.

he found that his father and Eduardo’s grandfather, Eugênio Saverin, was on a list of potential kidnapping targets. A prominent Romanian Jew, Eugênio founded the chain of kidswear retailer Tip Top in São Paulo, in 1952. His entrepreneurial skills earned him, 50 years later, the title of official of the Order of Rio Branco, the highest honor that a Brazilian citizen can receive, which was given to the patriarch of the Saverin family by the then president Fernando Henrique Cardoso. After making that clear, Saverin, who's worth an estimated $2 billion as of Forbes' last count , credited his grandparents for inspiring him to become successful. "All of us, always, ended up doing something," he proudly said, almost not realizing that his 'something' just became the most talked-about IPO in a decade, only eight years after being first registered as 'Thafacebook' at his parents' Miami home. Following are some of the highlights from the interview. On the choice of giving up his U.S. citizenship: "The decision was strictly based on my interest of living and working in Singapore.

I am obligated and I will pay hundreds of millions of dollars in taxes to the American government. I already paid and I will keep paying whatever taxes I owe based on my time as a U.S. citizen." On this topic, Saverin's father, Roberto, told Altman how he feels about his son giving up his U.S. citizenship: "It was hard for me, because of the life I built in the U.S., hearing from Eduardo that he had to give up on his citizenship. But he did this not because he wanted to, but because he had no other choice as a foreigner living in Singapore, where financial transactions are more restricted and bureaucratic for those who hold a U.S. passport. There was no other way. Besides, after Facebook's IPO, there would be much pressure on him if he stayed in America." 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 to say about Mark, there are no hard feelings between us. His focus on the company since its very first day is anything short of admirable.

He was a visionary, he always knew that the only way for Facebook to grow was to maintain its central idea, that of people truly presenting themselves as they are, without nicknames or pseudonyms. That's Facebook's biggest strength, what allowed us to transform it into an instrument of protest, like what happened in Egypt, but also in an instrument of business, not to mention a way of naturally connecting with friends." On keeping a low profile on his Facebook page , where he's 'liked' by 1.4 million people: "I don't like showing my privacy online." On his current investments: “I am investing like a crazy person, mostly in internet start-ups. And I want to invest in Brazil as well, because I am Brazilian and that's in my heart. I've recently been cc'd on e-mails sent to Eike Batista [Brazil's richest man]. But that's not how I want to invest in Brazil, through minerals, unless it's silicon or something tech-related. And I believe there's a new Facebook out there to be found. Where?

My guess is in healthcare." On the movie 'The Social Network,' where he is portrayed by American-English actor Andrew Garfield: "That's Hollywood fantasy, not a documentary. Facebook wasn't built out of a Harvard dorm window. And I would never throw a laptop at someone, like it appears in the movie. Not even at Mark." Facebook co-founder Saverin: I don't resent Zuckerberg - CNN.com Facebook co-founder Saverin: I don't resent Zuckerberg By Doug Gross, CNN Updated 7:18 PM ET, Tue May 29, 2012 Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. Eduardo Saverin, co-founder of Facebook, attends the 2011 Common Sense Media Awards in New York City. Story highlights Facebook co-founder Eduardo Saverin opens up to Brazilian magazine Despite past friction between them, Savering calls Mark Zuckerberg "a visionary" He says that, despite renouncing citizenship, he's paying taxes in U.S.

Saverin made an estimated $2 billion from Facebook's stock offering Facebook co-founder Eduardo Saverin, known to many people more as an aggrieved movie character or perceived tax dodger than as an actual person, has finally spoken out. In an interview with a magazine in his family's native Brazil, Saverin -- a newly minted billionaire after Facebook's public stock offering -- talked about his taxes, his relationship with co-founder Mark Zuckerberg and life after "The Social Network." Many observers believe Saverin , who, according to the Facebook origin story was slighted by Zuckerberg as the site grew, was a primary source for the book "The Accidental Billionaires," on which "Social Network" is based. Surprise: The Internet hates rich people But the end result was "fantasy," he said. And, no, he never angrily threw a laptop at Zuckerberg as his Hollywood counterpart, Andrew Garfield, did in the film. It's a statement Fabio Altman, of magazine Veja, writes is instantly believable given Saverin's reserved nature. "That's Hollywood, not a documentary," the 30-year-old Saverin says in the interview conducted in his multimillion-dollar residence in Singapore.

JUST WATCHED MUST WATCH Why is Facebook being sued? 04:50 Saverin filed a lawsuit against Facebook over his reduced stake in the company, and the legal dispute was settled out of court. But despite well-documented friction over the years, Saverin says he bears no ill will toward Zuckerberg. "I can only speak well of Mark; I don't resent him," Saverin said. "His focus from Day One until today is admirable. He was a visionary and always knew Facebook would only grow if it remained true to its central idea of people presenting themselves truthfully and without pseudonyms. "That is the great power of Facebook that allowed it to transform into an instrument of protest, as in Egypt, but also as an instrument of business and, beyond that, a natural way to have contact with friends." Saverin has had little to do with Facebook in recent years. But he re-entered the public consciousness recently when, days before Facebook stock was due to hit Wall Street, he renounced his U.S. citizenship in favor of Singapore, where he has lived since 2009. Many saw it as a dodge -- a way to avoid paying U.S.

taxes on his share of the company, valued somewhere around $2 billion . He says that's not the case and noted that, as has been reported , he's paying his taxes. "The decision was strictly based on my interest of living and working in Singapore," he said. "I am obligated and I will pay hundreds of millions of dollars in taxes to the American government. I already paid and I will keep paying whatever taxes I owe based on my time as a U.S. citizen." Saverin's father, Roberto, echoed those thoughts in the article. "It was hard for me, because of the life I built in the U.S., hearing from Eduardo that he had to give up on his citizenship," he said. "But he did this not because he wanted to, but because he had no other choice as a foreigner living in Singapore, where financial transactions are more restricted and bureaucratic for those who hold a U.S. passport. There was no other way." Roberto and his family emigrated to the United States from Brazil amid political turmoil, and Saverin's registered place of birth is Miami.

Saverin continues to work as an investor and partner in Internet startups from his Singapore apartment, where an office contains three, 27-inch Mac monitors on which he constantly monitors everything from stock prices to the weather, Altman writes. As for Facebook itself? Saverin still has his own profile , with more than 1 million people subscribed to it. But he uses it almost exclusively for news about his new startups, keeping the personal details to himself. "I don't like showing my private life online," he said. Mark Zuckerberg- founder of facebook | Bernard Buachi's Blog Bernard Buachi's Blog Leave a reply Mark Elliot Zuckerberg (born May 14, 1984) is an American entrepreneur best known for co-founding the popular social networking site Facebook. Zuckerberg co-founded Facebook with fellow classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while attending Harvard. As of March 2010, he is the youngest billionaire in the world, with a net wealth of US$4 billion in 2010[2] due to his 24% share of Facebook.[3] Zuckerberg was born in White Plains, New York and raised in Dobbs Ferry, New York.

Zuckerberg was raised with a Jewish background,[4] but he considers himself an atheist.[5] He started programming when he was in middle school. Early on, Zuckerberg enjoyed developing computer programs, especially communication tools and games. Before attending Phillips Exeter Academy, Mark went to school at Ardsley High School. At high school, he excelled in the classics. He transferred to Phillips Exeter Academy where he immersed himself in Latin. [6] He also built a program to help the workers in his father’s office communicate; he built a version of the game Risk and a music player named Synapse that used artificial intelligence to learn the user’s listening habits. Microsoft and AOL tried to purchase Synapse and recruit Zuckerberg, but he decided to attend Harvard College instead, which he attended in September 2002, and where he joined Alpha Epsilon Pi, a Jewish fraternity.[7] In college, he was known for reciting lines from epic poems such as The Iliad.[6] A movie based on Zuckerberg and the founding years of Facebook, called The Social Network, will be released on October 1, 2010, and stars Jesse Eisenberg as Zuckerberg.

After Zuckerberg was told about the film, he responded, “I just wished that nobody made a movie of me while I was still alive.”[8] Also, after the film’s script was leaked on the Internet and it was apparent that the film would not put Zuckerberg in a positive light, he stated that he wanted to establish himself as a “good guy”.[9] Founding Zuckerberg launched Facebook from his Harvard dorm room on February 4, 2004. The idea for Facebook came from his days at Phillips Exeter Academy which, like most colleges and prep schools, had a long-standing tradition of publishing an annual student directory with headshot photos of all students, faculty and staff known as the “Facebook.” Once at college, Zuckerberg’s Facebook started off as just a “Harvard-thing,” until Zuckerberg then decided to spread Facebook to other schools and enlisted the help of roommate Dustin Moskovitz. They first spread it to Stanford, Dartmouth, Columbia, New York University, Cornell, Brown and Yale, and then to other schools with social contacts with Harvard.[10][11][12] Zuckerberg moved to Palo Alto, California, with Moskovitz and some friends. They leased a small house which served as their first office.

Over the summer, Zuckerberg met Peter Thiel who invested in the company. They got their first office during the summer of 2004. According to Zuckerberg, the group planned to return to Harvard in the fall but eventually decided to remain in California. To date, he has not returned as a student to college. Platform and Beacon On May 24, 2007, Zuckerberg announced a Facebook Platform, a development platform for programmers to create social applications within Facebook. This announcement sparked a great deal of interest in the developer community. Within weeks, many applications had been built and some already had millions of users. Today, there are more than 800,000 developers around the world building applications for Facebook Platform. On July 23, 2008, Zuckerberg announced Facebook Connect, a version of Facebook Platform for users. On November 6, 2007, Zuckerberg announced a new social advertising system at an event in Los Angeles. A part of the new program, called Beacon, enabled people to share information with their Facebook friends based on their browsing activities on other sites. An eBay seller, for instance, could let friends know automatically what they have for sale via the Facebook news feed as they list items.

The program came under heavy privacy concerns from both privacy groups and individual users. Zuckerberg and Facebook failed to respond to the concerns quickly, and on December 5, 2007, Zuckerberg ultimately wrote a blog post on Facebook[13] taking responsibility for issues with Beacon and offering an easier way for users to opt out of the service. source:Wikipedia Who Invented Facebook Who Invented Facebook? Who Invented Facebook? The history behind the number one social media network Facebook. Who Invented Facebook? - Facebook CEO Mark Zuckerberg (L) looks on as Facebook employee Ben Gertzfield strikes a cermonial gong to announce the launch of Facebook Places, a new application that allows Facebook users to document places they have visited. Photo by Justin Sullivan/Getty Images By Mary Bellis Updated October 23, 2016. Mark Zuckerberg was a Harvard computer science student when he, along with classmates Eduardo Saverin, Dustin Moskovitz, and Chris Hughes invented Facebook. However, the idea for the web site, the world's most popular social networking page, oddly enough was inspired by a botched effort to get internet users to rate each other's photos. Hot or Not?

In 2003, Zuckerberg, a second year student at Harvard at the time, wrote the software for a web site called Facemash. He put his computer science skills to good use by hacking into Harvard's security network, where he copied the student ID images used by the dormitories and used them to populate his new website. Interestingly enough, he had initially created the site as a type of " hot or not " game for fellow students. Website visitors could use the site to compare two student photos side-by-side and decide who was "hot" and who was "not." Facemash opened on October 28, 2003 and closed a few days later after it was shut down by Harvard execs. continue reading below our video Should I Roll Over my 401K to an IRA? In the aftermath, Zuckerberg faced serious charges of breach of security, violating copyrights and violating individual privacy for stealing the student photos he used to populate the site. He also faced expulsion from Harvard University for his actions. However, all charges were eventually dropped.

TheFacebook On February 4, 2004, Zuckerberg launched with a new website called "Thefacebook." He named the site after the directories that were handed out to university students to aid them in getting to know one another better. Six days later, he again got into trouble when Harvard seniors Cameron Winklevoss, Tyler Winklevoss and Divya Narendra accused him of stealing their ideas for an intended social network website called HarvardConnection and of using their ideas for TheFacebook. The claimants later filed a lawsuit against Zuckerberg, but the matter was eventually settled out of court. Membership to the website was at first restricted to Harvard College students. Over time, Zuckerberg enlisted a few of his fellow students to help grow the website. Eduardo Saverin, for example, worked on the business end while Dustin Moskovitz was brought on as a programmer. Andrew McCollum served as the site's graphic artist and Chris Hughes became the de facto spokesperson. Together the team expanded the site to additional universities and colleges. Facebook In 2004, Napster founder and angel investor Sean Parker became the company's president.

The company changed the site's name from TheFacebook to just Facebook after purchasing the domain name facebook.com in 2005 for $200,000. The following year, venture capital firm Accel Partners invested $12.7 million in the company, which enabled the creation of a version of the network for high school students. Facebook would later expand to other networks such as employees of companies. In September of 2006, Facebook announced that anyone who was at least 13 years old and had a valid email address could join. By 2009, it had become the world's most used social networking service, according to a report by the analytics site Compete.com. While Zuckerberg's antics and the site's profits eventually led to him becoming the world's youngest multi-billionaire, he's done his part to spread the wealth around. He's donated $100 million dollars to the Newark, New Jersey public school system, which has long been underfunded. In 2010, he signed a pledged, along with other wealthy businessmen, to donate at least half of his wealth to charity.

Zuckerberg and his wife Priscilla Chan have donated $25 million toward fighting the ebola virus and announced that they would contribute 99% of their Facebook shares to the Chan Zuckerberg Initiative to improve lives through education, health, scientific research and energy. Facebook Back Online After Crash - Technology & Health - News - Main All News Technology & Health Facebook Back Online After Crash Facebook Back Online After Crash World's most popular social networking site downed temporarily; Instagram, Tinder also affected. Contact Editor Tova Dvorin and Shlomo Pitrikovsky, 27/01/15 08:38 | updated: 09:19 Facebook Reuters The ubiquitous social media site Facebook crashed Tuesday morning, just after 8:00 am IST. Attempts to access the site result in a "page not found" or loading loop, or alternatively end with an error message stating, "we are working on it and will fix the problem as soon as possible." The site was down in the US, Australia, and parts of Asia (including Israel), according to the Associated Press. It returned live at about 9:15 am IST.

While this is not the first time a major website has crashed this year - similar crashes were reported in June and September - the crash follows a string of cyberattacks from jihadist hackers throughout the world, including an attack on North Korea's website and on Malaysia Airlines. Facebook is the largest social network in the world. The site is available in over 70 languages (and some fun dialects, including Pirate) and has 1.3 billion active user pages - some 1/7 of the world's population. 80% of the site's users are outside the United States and Canada. According to Alexa rating company for internet usage, Facebook is the second most-accesses site on the world wide web and the third most popular in Israel. The site was founded by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, Chris Hughes and Andrew Malcom when they were students at Harvard University on February 4, 2004. Social photo-sharing site Instagram has also been down since as far back as 1:00 am IST, according to some reports. Ironically, Facebook users took to Twitter to comment on the mishap, employing a wry sense of humor about the situation.

Mark Zuckerberg | Mad Cartoon Network Wiki | Fandom powered by Wikia [ show ] Summary of Character Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and Internet entrepreneur. He is best known for co-creating the social networking site Facebook , of which he is chief executive and president. It was co-founded as a private company in 2004 by Zuckerberg and classmates Dustin Moskovitz, Eduardo Saverin, and Chris Hughes while they were students at Harvard University. In 2010, Zuckerberg was named Time magazine's Person of the Year. As of 2011, his personal wealth was estimated to be $17.5 billion. For more information about him, visit here . Dustin Moskovitz Net Worth | Celebrity Net Worth Dustin Moskovitz Net Worth Dustin Moskovitz net worth: $9.7 Billion Dustin Moskovitz net worth: Dustin Moskovitz is an American internet entrepreneur who has a net worth of $9.7 billion. Dustin Moskovitz accumulated his net worth by being a co-founder of Facebook. He was born in Washington D.C. and has a ranking as the youngest billionaire in the world.

Dustin Moskovitz is an internet entrepreneur most famous for his involvement with the mega popular social networking website Facebook. He's earned his net worth largely through the success of that website, but he's also the CEO of the internet business application called Asana. Moskovitz's association with Facebook began when he was an economics student at Harvard. He dropped out, though, to work on Facebook full time along with Facebook's founder Mark Zuckerberg in Palo Alto, California. Somewhat interestingly, Moskovitz beats out Zuckerberg as the youngest billionaire in the world due to his being younger by only eight days. During the Palo Alto period, Moskovitz was instrumental in designing the Facebook that everyone knows today, having designed much of the major architecture associated with the site. Moskovitz has since moved on from Facebook (retaining a 6 percent share in the company's stock, however), to focus on Asana. Billed as being "for your work life what Facebook is for your social life," Asana has failed to reach the kind of widespread fame that Facebook has achieved, but Dustin Moskovitz remains a friend to Mark Zuckerberg and one of his most trusted confidants, according to a recent statement from Zuckerberg.

The Social Network Movie vs Facebook True Story - Mark Zuckerberg Birthplace: New York City, New York, USA Mark Zuckerberg Birthplace: White Plains, New York, USA Andrew Garfield Birthplace: Los Angeles, California, USA Eduardo Saverin Birthplace: Rhinebeck, New York, USA Dustin Moskovitz Birthplace: Los Angeles, California, USA Cameron & Tyler Winklevoss Birthplace: Southampton, New York, USA Max Minghella Birthplace: Hampstead, London, England, UK Divya Narendra Born: March 18, 1982 ...they had two choices of books to base it [The Social Network movie] on and they based it on the fiction book. - Mark Zuckerberg (Computer History Museum Interview, July 21, 2010) Questioning the Story: Tweet How does Mark Zuckerberg feel about the Facebook movie and books? Mark revealed his opinion of The Social Network movie and the book The Accidental Billionaires by Ben Mezrich on which the film was based by saying, "The reason why we didn't participate is because it was very clear that it was fiction from the beginning.

We talked to [Mezrich] about that and he basically told us, 'what I'm most interested in is telling the most interesting story.' We want to make sure that we never participate in something like that, so then someone can take something that's really fictional and say, 'We talked to Mark Zuckerberg for this.' So, I think it's clear that it's fiction. All the book reviews of that book from people who know it say that it's fiction. The movie is based on the book. I don't really know how much else there is to say about it.” - Computer History Museum Mark Zuckerberg Interview Contrarily, Mark feels that the book The Facebook Effect by David Kirkpatrick is more in line with the Facebook true story, “You know, honestly, I wish that when people tried to do journalism or write stuff about Facebook that they at least tried to get it right.

So, I mean that's why having not read all of your book (speaking to author David Kirkpatrick), and I read a part of it when you sent it to me, I at least appreciate the effort that you put in, in terms of spending all those hours and days talking to dozens of people in the ecosystem around us, at least trying to understand what's going on. If I read your book, I probably wouldn't agree with everything, but at least there's the sense that it's serious journalism.” - Computer History Museum Mark Zuckerberg Interview Did Zuckerberg drop out of Harvard University? Yes. Our research into the real story behind the Facebook movie confirmed that in June 2004, after completing his sophomore year, Mark moved to Palo Alto, California and never returned to Harvard as a student. Was the movie The Social Network filmed at Harvard? No. Filming occurred at a variety of places, including Johns Hopkins University Homewood campus in Baltimore (The Baltimore Sun, Oct 28, 2009), Wheelock College in Boston (Wheelock.edu), Phillips Academy in Andover, Massachusetts (Andover.edu) and Milton Academy in Milton, Massachusetts (The Milton Measure, November 13, 2009).

As for the bar in the first scene, that is the Thirsty Scholar Pub located in Somerville, Massachusetts (CBS4). Mark almost became a millionaire in high school, years before this cover. Did Mark really upload his high school project Synapse for free rather than selling it for over a million dollars? Yes. Synapse was a plug-in for the MP3 player Winamp that Mark and his friend Adam D’Angelo created for their final project at Phillips Exeter Academy. The software looked at what music you enjoyed listening to and then suggested more music that it thought you would like. Despite being offered as much as $2 million for their creation from companies like Microsoft, AOL and Winamp, they instead decided to put Synapse up on the internet for free. Later, they decided to try to make a deal, but the offers were no longer the same since their software was already readily available. -The Harvard Crimson Where did Zuckerberg and his roommates live at Harvard? After researching the Facebook true story, it was confirmed that they resided in Suite H33 of the Kirkland House. Did Mark create a website called Facemash.com after a fight with his girlfriend? Yes, and he blogged about it.

“I need to think of something to make to take my mind off her…” Mark came up with the idea of comparing classmates to farm animals and letting people vote on who was more attractive. Luckily, one of his roommates, Billy Olson, said that they should compare classmates to each other rather than to animals and only occasionally add in animals for amusement. Ultimately, Facemash was created with no animals involved. Mark was put on probation by the Administrative Board and sent to see a counselor. He apologized to women’s groups offended by the site, including the Association of Harvard Black Women whom he eventually helped build a website of their own. No other people involved were punished. It is this project that inspired Cameron and Tyler Winklevoss to approach Zuckerberg for help with their Harvard Connection website idea. - The Facebook Effect book Did Harvard shutdown Facemash or was it overloaded? After four hours of being live, Harvard’s computer services department noticed the surge in traffic and shut down Zuckerberg’s web access. Overall, it reached approximately 450 students, logging 22,000 votes. - The Facebook Effect What was Course Match? Course Match was an application Mark Zuckerberg created for Harvard students in the fall of 2003.

The program allowed students to determine which classes they wanted to take by informing them of who was already signed up for a particular class. You could also see a list of the classes that an individual was taking. - The Facebook Effect Mark Zuckerberg and girlfriend Priscilla Chan (also shown inset). Does Mark Zuckerberg have a girlfriend? Yes. In July of 2010 he said, “The truth is I've been dating the same girl since before I built Facebook.” According to the book The Facebook Effect by David Kirkpatrick, Mark Zuckerberg’s girlfriend Priscilla Chan attended the meeting with Sean Parker at 66 in New York. - Computer History Museum Mark Zuckerberg Interview Who were the founders of Facebook and what were their roles? The founding of Facebook is attributed to four individuals. Mark Zuckerberg set it up with two of his roommates, Chris Hughes and Dustin Moskovitz, as well as his friend and fraternity brother (Alpha Epsilon Pi) Eduardo Saverin. Zuckerberg led with the overall idea and initial development of the site. Zuckerberg (right) during his Harvard days with roommates and Facebook co-founders Dustin Moskovitz (left) and Chris Hughes. Moskovitz was hired to help expand it to more campuses.

He researched the schools and made adjustments to the code so new students were able to register. Hughes was their spokesman and handled interview requests. Eduardo Saverin provided the initial investment needed to launch the site and managed the business side of the operation. -Facebook Pressroom When was the Facebook website launched? On January 11, 2004, Mark registered Thefacebook.com for a year for $35 through Register.com. It went live for Harvard students on February 4, 2004. When the decision was made to remove the “the”, Facebook.com was acquired from AboutFace for $200,000 and debuted on September 20, 2005. - The Facebook Effect I heard that actor Jesse Eisenberg’s cousin works at Facebook, is that true? Yes. Eisenberg’s first cousin, Eric Fisher, is a Product Designer at Facebook. Mark acknowledged their business relationship by stating, “You know, the guy who is playing me, his cousin works at Facebook. He is currently the lead designer on News Feed. And I meet with him every week to go through the next version of what we're building. He's a cool guy.

He's really talented.” - Computer History Museum Mark Zuckerberg Interview Columbia, Stanford and Yale were able to "Add Friends" after Harvard. Eric Fisher helped his cousin build the web site OneUpMe.com. It is based on an idea Jesse Eisenberg came up with to have a wordplay game site where players try to outdo each other’s witty response to a daily simile. - OneUpMe.com Which schools received access to TheFacebook after Harvard? Columbia (February 25th), Stanford (February 26th) and Yale (February 29th) were next because they all had their own social networks; it was a test of sorts. According to Zuckerberg, “If TheFacebook still took off at those schools and displaced those [other networks] then I would know it would go really well at all the other ones.” - The Facebook Effect book How long did it take to create the social network Facebook? Soon after the release of Facemash, the Winklevoss twins and Divya Narendra approached Mark for help on their Harvard dating website idea.

They believed he was working on it for most of that time (there was a three month time span between the release of Facemash and Facebook) but in Mark Zuckerberg’s own words, “The Facebook literally took me a week to make.” - The Harvard Crimson Original design of thefacebook.com showing the Al Pacino silhouette. Was Mark Zuckerberg’s picture featured on the original Facebook design? No. According to The Social Network true story, a picture of Al Pacino was on the top left corner. The bottom of the pages did however read, ‘A Mark Zuckerberg Production’. - The Facebook Effect book How much money did Eduardo Saverin invest in Facebook? Saverin’s original investment to help start the company was $1,000. Zuckerberg himself also contributed $1,000. Soon after, they both agreed to invest an additional $10,000 each to cover the quickly growing server costs. A few months later, Eduardo opened a bank account to cover business expenses and to deposit advertising revenues, at which point he added an additional $10,000 of his own money. - The Facebook Effect What was the original pay agreement regarding Facebook?

The first agreement made was a 70 – 30 split between Mark Zuckerberg and Eduardo Saverin. About a month after Thefacebook was released to Harvard, Mark Zuckerberg’s roommate Dustin Moskovitz asked to work on the project as well. He was given 5%, reducing Mark’s cut to 65%. When Sean Parker entered the picture, the company was reincorporated and new corporate bylaws were written up. As a result, Zuckerberg was entitled to 51%, Saverin 34.4%, Moskovitz 6.81% and Parker 6.47%, with the remaining allotted to their law firm. - The Facebook Effect Did Eduardo Saverin really freeze the Facebook bank account? Yes. In researching the real story behind the Facebook movie The Social Network, it was discovered that Saverin did in fact freeze the bank account he had set up to pay the business expenses. Zuckerberg was forced to pay for the Palo Alto house expenses, the site’s running costs and new servers out of pocket. - The Facebook Effect Was there an article published about Eduardo Saverin being involved with chicken cannibalism? Facebook co-founder Eduardo Saverin. No.

When investigating the Facebook true story, it was discovered that in December of 2003, The Harvard Crimson published an article that addressed accusations of animal cruelty as part of the Phoenix, S. K. Club initiations, an organization which Saverin was involved in. There was no mention of him or cannibalism in the article, but claims were made that they were “ordered to torture and kill live chickens”. No one has admitted or been charged with animal cruelty. However, it is common knowledge that chickens are a part of the Phoenix initiation process, as potential members have been seen carrying around chickens and taking them to classes in cages in prior years. - The Harvard Crimson Did Mark really go to a meeting wearing pajamas? Yes, but he wishes he hadn’t. Michael Moritz of Sequoia Capital had been on Plaxo’s board (one of Sean Parker’s former companies) when Sean worked there, and Sean considered him a primary reason he was ousted from his own company. To get back at them, he convinced Zuckerberg to essentially throw a meeting. Aside from showing up late and in pajamas, he proceeded to give a presentation on why Sequoia should not invest in their venture. Needless to say, they never did.

Now Zuckerberg states, “I assume we really offended them and now I feel really bad about that because they’re serious people trying to do good stuff and we wasted their time. It’s not a story I’m very proud of.” - The Facebook Effect book Did Mark and his friends run a zip-line from the chimney of their rented Palo Alto house to the pool? Yes. Researching The Social Network true story confirmed that a zip-line ran from the chimney of their rented house at 819 La Jennifer Way to a telephone pole across from the pool. The chimney was damaged in the process. - The Facebook Effect Were Eduardo Saverin’s shares diluted down to .03%? No. They weren't diluted down that low, but they were still diluted significantly. After the corporation was restructured and Facebook gained more investors, his 34.4% share of the company was diluted down to below 10%, in turn ending their business relationship. - The Facebook Effect Did Zuckerberg really have business cards that said, “I’m CEO…bitch”? Yes. According to the book The Facebook Effect by David Kirkpatrick, Mark had two sets of business cards.

One read, ‘CEO’ while the other read, "I’m CEO…bitch". - The Facebook Effect Sean Parker sought out Zuckerberg. Did Mark work with Napster co-founder Sean Parker? Yes. Sean Parker actively sought out Mark Zuckerberg and e-mailed him. Eduardo Saverin responded to the email and they arranged for a meeting in New York at an upscale Chinese restaurant in Tribeca called 66. Like in the Facebook movie The Social Network, the two hit it off immediately, in part because Parker understood Mark’s vision for the site. Parker picked up the tab despite it breaking his bank. However, the two lost touch. Two months later when they unexpectedly met on the streets of Palo Alto, Mark invited Sean to move into the house with them and soon after he was considered president of the company. - The Facebook Effect Did Sean Parker really introduce Mark to his first angel investor? Yes. Parker called his friend Reid Hoffman, the founder of LinkedIn and tried to get him to invest. Hoffman concluded he shouldn’t lead in the investment because of his relations to LinkedIn, but he did set up a meeting for them with Peter Thiel.

He was a co-founder of Paypal (which was sold to eBay in October 2002 for $1.5 billion) who Parker also knew from Plaxo. Within a week, Thiel agreed to loan them $500,000. - The Facebook Effect book Was Sean Parker charged with cocaine possession during the raid of a party like in The Social Network movie? Not exactly. During our exploration of the Facebook true story, we discovered that in August 2005, Sean Parker was arrested for felony possession of cocaine in North Carolina at a house party he was throwing for some new beach friends. Despite being arrested, he was never formerly charged. After pressure from board members, he voluntarily resigned from Facebook. - The Facebook Effect Did the Winklevoss twins and Divya Narendra win their lawsuit? Yes. In early 2008, the ConnectU vs. Facebook lawsuit was settled, awarding Tyler Winklevoss, Cameron Winklevoss and Divya Narendra $65 million in a combination of stock and cash. They later contended that the stock valuation presented was incorrect, The Winklevoss twins went on to compete in the Olympics. bringing down the true value of their settlement.

It was ruled that they had adequate representation during the case and it was not reopened. - Wall Street Journal Did Tyler and Cameron Winklevoss make it to the Olympics? Yes. Cameron and Tyler Winklevoss rowed in the 2008 Beijing Olympics men’s Coxless pair event and placed sixth. What do other former Facebook employees think of The Social Network movie? Dustin Moskovitz wrote, “It is interesting to see my past rewritten in a way that emphasizes things that didn’t matter (like the Winklevosses, who I’ve still never even met and had no part in the work we did to create the site over the past 6 years) and leaves out things that really did (like the many other people in our lives at the time, who supported us in innumerable ways). Other than that, it’s just cool to see a dramatization of history.

A lot of exciting things happened in 2004, but mostly we just worked a lot and stressed out about things; the version in the trailer seems a lot more exciting, so I’m just going to choose to remember that we drank ourselves silly and had a lot of sex with coeds.” - Venturebeat.com According to author Ben Mezrich, Eduardo Saverin "…was in the midst of a legal battle with Mark when he came to me. He was feeling very angry. Of course, once Mark heard about the book, he settled and I heard Eduardo got $1 billion. I don't think he'll ever speak publicly about what happened again." - Guardian.co.uk Sean Parker, who is portrayed by Justin Timberlake in the movie, met briefly with the actor. “He said he wanted to get to know me, but I said, ‘That isn’t going to help you play the part Sorkin has written. That character really isn’t me.’ ” - Vanity Fair Facebook co-founder Chris Hughes responded to the differences between the Facebook movie and the Facebook real story by saying, "It's crazy because all of a sudden Mark becomes this person who created Facebook to get girls or to gain power. That's not what was going on.

It was a little more boring and quotidian than that." - IFC As for the author of The Accidental Billionaires, Ben Mezrich believes that his book and the subsequent movie have exposed a darker side of the company's history, "I think Mark Zuckerberg wants to run the world and these are the stories he never wanted told." - Guardian.co.uk What are the Facebook founders doing today? Mark Zuckerberg is still working as the CEO of Facebook. Dustin Moskovitz left Facebook in late 2008 and co-founded Asana, a company that creates collaborative task and management software to help keep a project’s team Co-founder Chris Hughes. members apprised on the progress of their fellow teammates, thus eliminating the need for frequent progress meetings. Chris Hughes left Facebook in early 2007 to work as the director of Barack Obama’s online campaign. In 2010, he is launching Jumo.com, a website designed to connect people to nonprofit organizations related to their interests. He is largely left out of David Fincher's Facebook movie The Social Network. Eduardo Saverin settled his lawsuit against Facebook in 2009 for an undisclosed amount and was again listed as a co-founder on the site.

What are Sean Parker, Divya Narendra and the Winklevoss twins doing today? Sean Parker resigned in late 2005 after his arrest. In 2007 he co-founded Causes, a site where anyone can create an advocacy group and post related information or fundraise. Most recently he has been linked to Chatroulette.com, which randomly links users from around the world via webcam conversations. Divya Narendra went on to co-found SumZero.com, an online community where investment professionals can share their knowledge. He is currently the company's CEO. In addition, he is completing Northwestern’s JD-MBA program. Cameron and Tyler Winklevoss both attended the University of Oxford and received their MBAs. Tyler finished in 2009 and Cameron in 2010. Cameron is now the publisher for GuestofaGuest.com. Scala & Kolacny Brothers - Creep Who sings the The Social Network trailer song? The Social Network trailer music is a cover of the song "Creep", origninally recorded by the band Radiohead. The Social Network's Creep cover is sung by Scala & Kolacny Brothers, which is actually a Belgian girls' choir.

The classically trained Kolacny brothers lead the choir, with Stijn Kolacny conducting and Steven Kolacny on piano. The choir has turned into an international sensation, as the result of both creating their own music and performing stellar covers of Radiohead, U2, Rammstein, Red Hot Chili Peppers and Nirvana, to name a few. The Social Network Creep song heard in the movie's trailer is available on Amazon ( Download the Social Network Trailer Song ). The Social Network Interviews & Related Video Watch interviews and other video exploring the true story behind The Social Network Facebook movie. Highlights include an hour long Mark Zuckerberg interview in which he offers his feelings on the film and Ben Mezrich's The Accidental Billionaires book. ABC News: Inside Facebook 'Nightline' talks with Facebook founder Mark Zuckerberg. Diane Sawyer interviews the CEO at the Palo Alto offices. He emphasizes that The Social Network movie is "fiction" and refers to it as a "distraction" that he and his employees should not be too focused on. Cameron and Tyler Winklevoss Facebook Interview Twins Cameron and Tyler Winklevoss are interviewed with regard to their feud with Facebook CEO Mark Zuckerberg.

They discuss why they plan to continue to fight for what they feel is their rightful share of the company. They close the interview by saying that the last chapter in their battle has yet to be written.

Question: What system, available on the internet, was founded by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz and Chris Hughes?
Answer: Facebook