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Facebook, interest and is competed

Sunday, April 17, 2011

The film 'The Social Network', Eduardo Saverin and Winklevoss twins, described as the antagonist. This is the enmity of ownership up?

The first figure is Eduard Saverin linked up. Until 2009, Saverin not recognized as one of the founders of Facebook. It took a lawsuit and settlement laws to force the founder and CEO of Facebook Mark Zuckerberg acknowledged the existence Saverin.

This problem started in 2003 when Zuckerberg, then a sophomore at Harvard University along with Saverin (junior Zuckerberg) to make TheFacebook.com. Zuckerberg asked Saverin became business partners and invest U.S. $ 15 thousand (USD 135 million) for the benefit of the server. In return, Saverin diiming lure 30% stake in the company.

When Facebook was launched in 2004, Zuckerberg and other founder Dustin Moskovitz decided to move to Silicon Valley. They have offices in Palo Alto and began mengkoding. On the other hand, Saverin internship at Lehman Brothers in New York. According to the Business Insider, Zuckerberg had requested Saverin paperwork to raise funds and how to make money.

Unfortunately, Saverin considered to be too slow in making decisions and signing the work file. Finally, the task was handed over to Sean Parker who quickly secure PayPal founder Sean Parker investments worth U.S. $ 500 thousand (USD 4.5 billion). Zuckerberg further reduce Saverin share from 30% to less than 10%.

Furthermore, Saverin demand up and the problem is completed quickly. Saverin get 5% stake (worth more than U.S. $ 2.5 billion) and signed several documents which were not disclosed.

'Enemy' up the other is the twins Tyler and Cameron Winklevoss. In 2003, both with their business partner Divya Narendra approached Zuckerberg to work on the project, HarvardConnectio, a special social networking Harvard students. Claimed Zuckerberg had agreed a verbal contract and promised to help build the site in exchange for stock. Furthermore, Zuckerberg actually drowned in the development TheFacebook.com.

Between November 2003 to February 2004, Zuckerberg communicate with the twins through a series of 52 electronic messages and a few direct meetings. TheFacebook.com Zuckerberg launched in February 2004 and several subsequent days Winklevosses make demands on Zuckerberg to close the site.

Although HarvardConnection launched a few months later with the name of ConnectU, twins are not satisfied. In February 2008, both parties finally come to fruition. ConnectU up acquire assets in exchange for funds in the form of shares worth U.S. $ 180 million and cash of U.S. $ 20 million.

Unfortunately, this is not over. In March 2008, the founders of ConnectU propose other demands. They thought that the Facebook had lied about the true value up. The twins are also demanding their law firm, Quinn Emanuel, on suspicion of malpractice.

Unfortunately, both Winklevosses became victim. Both were sued by Wayne Chang, the founder of the site data exchange i2hub which partners with ConnectU. Chang asked the twins to give up their 50% stake.

Other figures are also popular due to problems with up were Paul Ceglia, firewood business owners who filed a lawsuit in July 2010. He claims to have an agreement with Facebook where Zuckerberg should give Ceglia shares 50% since Ceglia already invested U.S. $ 1,000 to the company Zuckerberg.

Feeling aggrieved, Ceglia increase demands to 84% stake. Interestingly, the question arises, why Ceglia waited six years to sue?

In a file owned law firm DLA Piper prestigious law, attorney Ceglia, there percapan emails showing that Ceglia Zuckerberg never fund projects named 'StreetFax'. A project name that is rumored to another name from 'The Facebook'.

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