Puja Gurung Saverin is a co-founder of Meta Platforms, the company behind Facebook -- the world's largest social-network. Zuckerberg reduced Saverins stake in the company by 10 percent by creating a Delaware corporation, a new company that would acquire the old company, in 2004. In another IM. Adrienne Tyler is a features writer for Screen Rant. However, the disagreement of both parties was settled out of court in 2009. "I was fascinated by it, and, already having some scientific knowledge, I was able to see the eye of the hurricane, literally. Eduardo Saverin is a co-founder of the photo-sharing platform Facebook. A lawsuit was filed against Eduardo Saverin by Facebook in October 2005. And to hear Saverin talk about it, hes at peace with his Facebook past (and remains one of the biggest individual shareholders, with a 2% stake in the $475 billion company). Zuckerberg pulled the trigger, sending an email to his lawyer telling him to put the plan into effect. Its an expensive, complicated business, but B Capital stepped in to write a check when others balked. It was this moment in history that "The Social Network" attempted to capture in the scene we embedded at the start of this story. CNBC. This led to Zuckerberg choosing to effectively cut out Saverin. Saverins stint with the company had ended in 2005, mired in controversy and lawsuits over his reduced stake in the company. A lawsuit was filed against Eduardo Saverin by Facebook in October 2005. Eduardo had sued Mark for diluting his shares in Facebook. Gangulys worked with Saverin since 2012, when the friends from their Harvard daysGanguly got his business school degree therereconnected in Singapore. We can see photographs of the Saverin couple in their respective Facebook handles. Taking about Elaines age, she might be in her thirties as shown in the pictures. She is an Audiovisual Communication graduate who wanted to be a filmmaker, but life had other plans (and it turned out great). Bachelor of Arts/Science, Harvard University. The Facebook question. Most venture capital firms start local, with a couple investments in companies in their backyards. The fact was so unusual that he was mentioned on an article published by The International Chess Magazine. Besides, after Facebook's IPO, there would be much pressure on him if he stayed in America.". [16] His Romanian-born grandfather, Eugenio Saverin (born Eugen Saverin), is the founder of Tip Top, a chain of children's clothing shops. Zuckerberg wrote in an instant message to an unnamed confidant at the time, saying of Saverin, We basically need to sign over our intellectual property to a new company and just take the lawsuit Im just going to cut him out and then settle with him", Zuckerberg during an interview with The Atlantic.
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