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Jan 7, 2022 · Saverin's lawsuit alleged that the stock purchase in 2005 was invalid. Saverin also accused Zuckerberg of spending Saverin's investment on personal expenses. Eventually, the case was settled out ...
Jan 10, 2023 · Still, once he arrived at Harvard, his reputation was quickly solidified. Eduardo Saverin created software to predict hurricane patterns, and he earned a pretty penny in oil stocks. At the time of this article, Bloomberg rated him at a valuation of around $7,8 billion.
May 15, 2012 · Nicholas Carlson. Tue, May 15, 2012, 11:29 AM. Billionaire Facebook cofounder Eduardo Saverin – the guy everyone now hates because he's renouncing his US citizenship in order to avoid a lot of ...
- 20 sec
- Nicholas Carlson
Saverin is worth $5.5 billion. The takeaway is that it’s not easy for a company to shrink someone’s vested ownership. There might be statutory mechanisms available, but those statutory mechanisms come with corresponding fiduciary duties and other legal protections. In any case where one founder doesn’t have the same ability to maintain ...
May 15, 2012 · Eduardo Saverin "A sucker born every day." In late 2003, Harvard sophomore Mark Zuckerberg asked a Harvard student named Eduardo Saverin, a junior, to deposit $15,000 in a bank account that would ...
- Henry Blodget
Mar 19, 2019 · Updated Mar 19, 2019, 03:12pm EDT. W. hen Eduardo Saverin greets entrepreneurs who come to visit him in his eighth-floor offices at the Singapore Land Tower, the 36-year-old knows he’ll get ...
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Sep 22, 2010 · Consider this: despite signing off Zuckerberg’s new deal, Saverin nonetheless protected himself enough that, when things went sour, he was still able to sue, reach the expected settlement, and end up with a billion-dollar stake in Facebook. That suggests Saverin (or his lawyers) knew some "dirty tricks" were in the pipeline, and so protected themselves while also not obstructing the company ...
