Monday, 14 February 2011

The Mark Zuckerberg And Eduardo Saverin Settlement

On the face, it may seem that Facebook CEO Mark Zuckerberg achieved his position from serendipity rather than hard work, but this opinion may be based on media artifice rather than solid fact. Indeed, a deeper look reveals another slant, and a different story.

There is no harder work than that which requires you to run a race when you are poised to take a leisurely walk. Mr. Zuckerberg found himself in such a situation. Because of a fluke, a mere accident of fate, he was in a “now or never” position. The opportunity of a lifetime rapped at his door, and he had to work very hard and very fast to take advantage of it.

5% Stake

The Mark zuckerberg and Eduardo Saverin settlement, was eventually a recognition of him as co-founder plus a 5% stake in the uber social network. This stake is initially thought to have been 34% at the time of founding the company. This, however, is no small piece of change (given that Facebook’s now well worth over $50billion!), and no doubt Mr. Saverin deserves it -- but Eduardo Saverin played a supportive role, he was not the one who was forced to put his life on hold, pump up his heart-rate up and “leap toward the starting gate.”

Saverin was the business manager. He and Zuckerberg invested a $1,000 each to launch the project; 5 percent of such a huge company is no bad return on such a small investment.

The Beginning

Facebook was launched in 2004. The founding of Facebook is attributed to Mark Zuckerberg and several Harvard classmates, including Chris Hughes, Dustin Moskovitz, and Eduardo Saverin. However, it was Zuckerberg’s concept in most part; he hatched the idea and created the website -- along with a supporting cast of hugely talented and very brilliant young minds.

The Legal Battle

A week after Facebook was launched, a cross section of Harvard folk alleged that Mark Zuckerberg stole their idea. The seniors sued, and the accusation burgeoned into an ongoing court battle. The main argument swirls around whether Zuckerberg made a contract with several classmates, agreed to create a web site for them, then hi-jacked their idea and made it his own. From there, the legalese becomes impenetrable by the human mind.

No one is yet to focus on the fact that the idea for the website was Zuckerberg’s in the first place -- in part at least. You can’t steal something that is already your possession.

In spite of the legal quagmire and the mist that sorrounds Mark zuckerberg and Eduardo Saverin settlement, Facebook is thriving, and the fruits of the social network are all too clear to reap.


It’s safe to assume that the bond that was forged between Mark Zuckerberg and Eduardo Saverin in college, still exists on some level, and if not irrevocably damaged by the the pundits and “experts”, it will likely reappear as time passes.
Zuckerberg declined to participate in a recent film that characterized him and his friends as being rambunctious kids. The film received both a Golden Globe-winning and several Oscar nominations. Could it be that he refused to have any part of the movie because it was a fictional account that parodied his life and his achievements? More power to him!

The very fact that Facebook emerged from the minds of Zuckerberg and his friends is an example of American ingenuity at its best. Society sorely needs entrepreneurs like this bunch. Hopefully, the Mark zuckerberg and Eduardo Saverin settlement, the movie, and the media blitz surrounding these events will neither do irreparable damage to a long-term friendship, nor diminish the legend of a new American hero (or heroes).

» Next article: Mark Zuckerberg Ex Girlfriend Jessica Alona.
« Previous article: The Mark Zuckerberg And Winklevoss Settlement.


Joseph said...

The settlement can definitely affect everything in a positive way.

search engine optimization long island

Anonymous said...

Only a little bias, eh?

Safe to say your on facebook, I would imagine.

Anonymous said...

I agree with Anonymous. When you get up off your knees and Zuckerberg has done his flies up, maybe write an article that's a little more objective.

Anonymous said...

it's called an opinion asshole.

Anonymous said...

it's called an opinion.

ryanaugustus said...

All he did was create something that lets you communicate faster. I use FB all the time and I get it. This is not ingenuity...that is what Henry Ford did when he created a vehicle that allowed people to travel greater distances at faster speeds. So many more people created worth while things. Zuckerberg created a hobby. Your story is fodder, sorry.

Anonymous said...

Hobby or not! I believe it's something useful in many different ways, as a car is only useful in two ways.

(it doesn't have to be ingenuity to be genius)

Opinions are just opinions though..
That's what started this whole project of ideas anyways right?

nflnhledge said...

A woodcutter went claude giroux jersey up into the mountain to zdeno chara authentic jersey cut wood, a slip sliding into the mountains. When the slide sharp-sighted caught half the mountains of a tree dry. But up is steep cliffs, down is swollen rivers, he cried out with a loud voice, a day and a night past still no one come to save him. "What should I do!" He cried tyler seguin authentic jersey out of despair, then the air has a sound "let go!" Life is hard to avoid the dilemma, and instead of doing nothing than to do so! Life is often and loss, we can't control what had happened to her, but can control their own state of mind. Mind control one's actions and thoughts, also determines one's field of vision, career and achievement. It is too hard to have set the sincere way, the henrik sedin authentic jersey right attitude can make your life more comfortable calm. Of course, the mindset is to rely on their own adjustment, as long as you like, you can give yourself a correct attitude, I happy life daniel sedin authentic jersey easy to successful ten ability 】 1. Solving problems reverse thinking ability; 2. Consider the perspective-taking ability; 3. Better than others summary ability; 4. The simplicity of the document writing ability; 5. Information data collection alexander edler authentic jersey ability; 6. The solution to the problem of decision-making ability; 7. Super comfort ability; 8. The post changes bear ability; 9. The courage to accept a thing; 10. Actively seek training and practice chance...
You have several? Life is not used to compromise, the more you cower, can let kris letang winter classic jersey you breathing space is limited; The day is not used to the will, the more you make do, also lost to pursue other opportunities of happiness. Belong to oneself, will actively to evgeni malkin winter classic jersey fight for, only optimistic, hard, up, life to your feedback will be more and more small deep word to say, the long way to fritter away. Big big world to frank feel, will be painful wound to knead gently. Hold other time to go brian campbell authentic jersey to the brave blessing, cannot be understood, believe that you are worthy, forever love dearly dreams. Care to foolishly love, experience it will slowly. Don't forget, want a gentleness, don't forget, to be happy

mulberry outlet said...
This comment has been removed by a blog administrator.
theseoz said...

I have idea that he put lot of hardwork to be complete owner of facebook but complete statistic idea i doesn't have so thanks for sharing this crucial info with us. SEO Services from theseoportalLed Outfitters

Led Outfitters

Led outfitters reviews

led outfitters reviews

led outfitters complaints

led outfitters complaints

Đào Quân said...

dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ
dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ tại thanh xuân
dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ tại hà đông
dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ tại long biên
dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ tại cầu giấy
dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ tại hải phòng
dịch vụ thành lập doanh nghiệp công ty trọn gói giá rẻ tại quận 3 tphcm
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại quận đống đa
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại quận thủ đức
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại huyện đông anh
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại huyện nhà bè
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại huyện hoài đức
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại bình dương
dịch vụ thành lập doanh nghiệp công ty giá rẻ tại hưng yên