Where In The World Is Eduardo Saverin?
This story takes place a few weeks after thefacebook launched.
It was March of 2004 and I was attending an alumni event for Harvard Student Agencies (HSA) – a student run company at Harvard. Being a past president of HSA, I made a point of attending this event just to stay in touch with the students and school. As the evening drew to a close, I asked one of the current HSA managers, “What’s the coolest thing on campus these days?” Her response with conviction was, “Thefacebook. It just came out last month and everyone is using it on campus.” Apparently some sophomores had set up a website intended to be a better online version of the Freshman Facebook – a physical book with the pictures of each member of the freshman class. The Freshman Facebook was the dating (or more realistically, scouting) manual used by all freshmen to keep tabs on the classmates that caught their eye.
Intrigued, I went home and checked out thefacebook.com (which I will now refer to as Facebook). The site was only open to those with a harvard.edu email, but fortunately my post.harvard.edu alumni email worked liked a charm. After logging in and checking out the features, I had an “aha” moment. The founders had made a simple yet brilliant innovation which did not exist on any other social network. They had uploaded the Harvard course catalog into the network so that with a single drop down menu, you could sort the entire network by those taking the same class as you. The limitation of the Freshman Facebook was the limited content and the fact that if an upper classmen caught your eye, there was no reliable way to find out that person’s name or learn more about him/her. But now with Facebook, you could come back from class, go online, sort the network by that class, click through the photos and once you found that person – voila. You could see everything about that person that they cared to share which was a lot more than the Freshman Facebook. Facebook was the killer college dating application.
Since at that time I was at another venture capital firm which invested in start-ups, I was eager to meet the people behind Facebook. Maybe there was an investment opportunity. I looked around the site and saw that it was “a Mark Zuckerberg production”. I messaged Mark and scheduled a meeting for the very next afternoon at Henrietta’s Table – a restaurant at The Charles Hotel in Cambridge, MA. I showed up to the restaurant at 3:00pm and there was Mark Zuckerberg and Eduardo Saverin waiting. We decided to sit outside given the unseasonably warm weather in Boston that day. We ordered some drinks, and they began to tell me the nascent but exciting story of how they, along with some others, started Facebook.
Mark and Eduardo had a complementary aspect to their partnership. Mark struck me as the alpha male. He had a profound confidence about him that exceeded his youth. He exuded killer instinct. He was not shy about sharing his aspirations of dominating the college market. He was also the technical visionary behind the scenes. Eduardo was polite and unassuming. He could have been your college roommate. He was jovial, relational, and likeable. He seemed to be the fast follower. He was also apparently the business mind. While both exuded a certain naivete, they were both convinced that they were going to change the world. They were right.
After that meeting, my mind was consumed with the potential of Facebook. It was only a couple days later that I had a second meeting with Mark and Eduardo. Yet again, we met at Henrietta’s Table – but this time for breakfast. I arrived first, and as Mark and Eduardo came in – it was obvious they had woken up early for this meeting. In fact, Mark’s first comment with a broken smile was that he normally doesn’t get up this early. I was truly appreciative. We got down to business, and I asked Mark and Eduardo about their plans for Facebook and their interest in raising venture financing. They said that they had not yet met with any venture capitalists, but had some initial discussions with a couple angel investors. Mark also expressed his intent to leave school and move to Silicon Valley to lead Facebook full-time. Mark seemed deeply committed to it while Eduardo tried unsuccessfully to project the same confidence. I asked them if they had thought about how much the company was worth. Mark confidently articulated a valuation that some angels had given him. Eduardo stared, paused, and tentatively nodded in agreement.
I invited Mark and Eduardo to my office the next week. While I was unsure of whether this was a good fit with the firm I was at, I decided to take a couple hours that day, and walk them through a blank term sheet. I figured whether we invested in Facebook or someone else did, Mark and Eduardo would benefit from understanding the standard financing terms. I felt a certain obligation to make sure they were educated enough to not sign up to a bad deal. So, we sat there each with a copy of a blank term sheet. I walked through each term and explained in the simplest language what they meant – “preferred”, “voting rights”, “anti-dilution”, “protective provisions”, “registration rights”, “information rights”, “board of directors”, etc. I explained to them the range of options under each, and what was normal. This time Eduardo exuded the confidence. He nodded with assurance after nearly every provision articulating that he knew what that provision meant. He said he had “studied it in school”. I found that to be curious since during my time at Harvard, not a single finance course was offered, let alone one on venture capital term sheets. Maybe things had changed I thought. Nonetheless, I continued to explain things in detail presuming no prior knowledge.
After the session, Mark and Eduardo informed me that they had no transportation home and they had taken a cab to come visit me. Feeling guilty that it never occurred to me that they didn’t have a car, I drove them home myself and paid for their cab fare. We had a nice conversation on the way home. We talked about Eduardo’s girlfriend at Wellesley who he was clearly infatuated with. We talked with Mark about the Bay Area and moving to California, which he was enthusiastic about. And, after the quick drive down the Mass Pike, we took the Cambridge/Allston exit, looped back towards Harvard and I dropped Mark and Eduardo off at Johnston Gate, the main entrance to Harvard Yard.
That was the last time I saw either Mark or Eduardo because an investment ultimately did not work out. Since then, Mark has obviously gone on to change the world – just as he expected to. Mark has accomplished everything he said he would and more. But, when I think back on this experience, a big part of me wonders what happened to Eduardo. I’ve heard about the break-up with Mark early on which makes me wonder what happened behind the scenes. I wonder how Eduardo was treated in the whole process. When people tell the Facebook story now, it seems like Eduardo gets deleted from many versions and included in some. But, from my vantage point, Facebook will always be about Mark and Eduardo. No matter what is written out there, I’ll always believe that Eduardo Saverin is a co-founder of Facebook.
(Eduardo, if you read this, give me a call. Let’s go grab a bite to eat. Henrietta’s Table – I’ll drive.)
[Related Post: Why are 80% of Harvard Students First Borns]
[Related Post: The Letter Given to the Valedictorian of Harvard College]
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Thinking About Thinking 
This is a great story, Larry. Thanks for sharing it!
all of you who are interested to watch this whole story..
theres is a movie “The Social Network”
some of you might have seen it
i watched it yesterday night and it made me so curious to know about each and everyone who has played a role in the establishment of FACEBOOK
!!
If you want to know where Eduardo is then why not check him out on facebook. A no brainer really
Ha, you should start your own anti-portfolio a la Bessemer!.
Having been at Bessemer, I appreciate the fact that if you don’t have an anti-portfolio, you’re just not seeing the best deals. So, no shame in an anti-portfolio – and FB would certainly be on it!
Thanks for the story Larry. Always fascinating hearing about the dynamics between founders. Seems like in many cases a dominant personality emerges and seizes the reigns (Jobs/Wozniak) and a large share of the stock and credit of the company – often times not reflecting a objectively “fair” split.
Thanks for reading. I don’t know if the split here was fair or not – hopefully it was. I wonder what the Jobs/Wozniak split was.
I would love to know more about what happened…doing a story on it right now.
Very interesting story – thanks for sharing.
Per LinkedIn, Eduardo is in NYC:
http://www.linkedin.com/pub/eduardo-saverin/0/70a/31b
I think you’re right. I’ve gotten multiple outreaches over email that he is in NYC at a start-up. Though one college friend of his said he may very well be on a beach somewhere.
Well he is certainly doing OK, worth $1.15B in the latest Forbes list: http://www.forbes.com/profile/eduardo-saverin
Larry, great story… Michael Lewis could have ghost written it… after all these years, isn’t it time to give up the pre-money valuation the angels suggested? 🙂
I thought about it, but decided against it since it’s really proprietary information.
Larry, great story indeed…
Thanks Waikit- appreciate it. Hope things are going well with your company.
Larry
Great story Larry – people need to know this. I have suggested it as a tip to techmeme.com and hope it gets picked up.
Thanks Mrinal, I appreciate that!
For some people, its all about the passion to do something great. The power, fame, and money is always going to take a backseat. Eduardo might be happy where he is and very content not to have the headlines or the enemies.
SC, that actually wouldn’t surprise me. Many folks have pointed me towards Eduardo – I’m sure he’s doing just great.
Good piece my friend. Certainly a type 2 error, but one most of us, certiainly myself, would have made as well….along with Google.
Great story, a nice sidebar to the upcoming tell-all book. I liked reading the story of Marc Andreessen and Netscape back in the day. Facebook is amazing and brilliant but to me it’s not an interesting story unless you dig into the legal issues surrounding just who actually came up with the concept (not Mark).
Thanks Dave. I actually didn’t know about the tell all book until after I wrote this post. That should be an interesting read.
It all started in the year 2003 when I was logged in to the Harvard website, where I was listening in to the conversations of the Harvard students. One of these students was Mark Zuckerberg who was talking about Face Smash and he had just broken up with his girlfriend at the time, so I struck up a conversation with this Mark Zuckerberg. He was talking about creating a dating site. I thought this was a bit odd – a pie in the sky idea since he had just broken up with his girlfriend and he was slagging her off – calling her a bitch and a whore.
I talked to Mark about the idea, and suggested he call it Face Mash. He was intrigued with my suggestion and thought it was a good idea. Mark wanted to call it Face Smash, because he wanted to smash his ex in the face. I convinced him that Face Mash was a good idea and he agreed, but one week later he changed his mind and wanted to call it Face Smash. When I queried him about this he replied ‘f…. off you c…- I’m calling it Face Smash’. Two weeks after this conversation he came up with the name Mashable and when I asked him why he chose the word Mashable instead of Face Mash he said ‘f,…off you bastard, Face mash is not your idea’. So I re-posted the conversations we had two weeks earlier and he had to apologise and said he was going with Mashable. I took this as a sign that he wanted to throw me off the scent and take the site for himself.
I found the character of Mark Zuckerberg to be deceptive and dishonest and ended conversing with Mark Zuckerberg because of his dishonesty and lack of integrity
fuckin hilarious
Don’t lie.
Larry,
I enjoyed this piece immensely. It’s interesting that companies like Yahoo, Google, and Microsoft were stories about 2 guys and a dream. Facebook has been a one guy story. I wonder if that could ultimately be an Achilles Heel. I guess I’m glad that I have a partner in crime — we keep each other honest and intellectually sober.
Cheers,
Alex
I’ve come to appreciate more and more the value of having partners. It’s hard to do things solo no matter how talented you are.
[…] https://larrycheng.com/2009/06/15/where-in-the-world-is-eduardo-saverin/ […]
Great story!
Great post! Thank you for sharing.
Larry – Seems Eduardo was a source for the Accidental Billionaire book on Facebook. Fortune has details on it with a talk with Mezrich, the author. I tipped it and its up on techmeme right now:
“The book that Facebook doesn’t want you to read”
http://www.techmeme.com/090625/p82#a090625p82
Great post, Larry. You’re like Woody Allen’s Zelig. Ben Mezrich’s book, Accidental Billionaire, will be a hit. Ben is a talented writer and brilliant marketer/promoter. Here’s an ironic twist – Ben was a Harvard classmate of mine (1991) and…Sheryl Sandberg’s — currently COO of Facebook. I doubt I’ll be seeing Ben and Sheryl sipping chardonnay together at the upcoming 20th reunion in a few years.
Interesting background, thanks Larry. The Accidental Billionaires is currently being broadcast by the BBC as Book of the Week : http://www.bbc.co.uk/programmes/b006qftk (starting 27 July 2009)
Interesting. I’ve been seeing Mark on the headlines and wondered about what the co-founders have been doing, maybe off to something else I said. Can’t help but think that maybe Mark is trying to repeat the history when he dropped out of Harvard. He seems like the next Bill Gates to me. They both dropped out of school and succeeded when they pursued their dreams. It may not be a good advice but the story just fascinates me.
I like how you described Mark and the contrast with Eduardo. It’s amazing how from small and simple things great things come to pass.
Great story Larry, according to Mezrich book Accidental Billionaires, Saverin got betrayed by his best friend mark, he went back to havard believing that he is a large shareholder and only to realize later that hes been shortchanged. My hope is that Mark will bring him back to the fold as a director of facebook.
but the book also shows how eduardo betrayed mark by blocking the accounts through which facebook was funded…
I’m reading the book “The Accidental Billionaire” one of the best books I’ve read in years. Wow what a crazy story. Too bad they tricked him into signing away his 30%. How’s someone in their 20’s suppose to realize what they were signing anyway? I’m not at the point where I know the ending of the story yet. Just passed the signing away part. So maybe there’s a happy ending. Goes to show that you have to careful with contracts though that’s for sure.
Did he give you that call?
Dear Larry
It´s a great story. I´m a journalist in São Paulo, Brazil, working for the website called iG. And i´d like to interview Eduardo, who is brazilian, I guess. May I ask you his email? Shure, I will write about your encounter with the Facebook guys too.
Thank you for your help
Best
C. Volpato
I thought this article was amazing. I don’t know who is going to recieve this but i just feel as though your work deserves some appreciation.
Sincerely
Ronald Bradley Pingle
A book on the founding of “thefacebook” is “The Accidental Billionares:The Founding of Facebook,A Tale of Sex,Money,Genius and Betrayal” by Ben Mezrich. In the back it even has a little “where are they now?” “Eduardo Saverin continues to split his time between Boston and New York. He is a frequent vistor to the hallowed upper floors of Phoenix….”
larry – i’ve got the script. it’s fantastic. if you want a copy, email me.
Hi, believe it your or not, i have some news about Eduardo. Actually, i have heard he is in Singapore now, developing a new software. My step father is always in touch with Eduardo’s mother.
I’m from São Paulo, the same place where he was born.
Send me an e-mail if you want to find him, maybe i can help you.
Hi Larry, nice piece, this is indeed a great story. BTW, Mr.”!” (no name just the exclamation mark) I am also in SP/BR and I am about to open an IT school in the city. I know this sounds crazy, and even audacious on my part, but I’d love to get ES to give a lecture to our classes someday. Think you might be able to connect us? Cheers, Marc.
Interested in discussing business with Eduardo
Olá enteado de amigo da mãe de Eduardo Saverin (como você se descreveu),
Gostaria de falar com Eduardo.
Será que você poderia encaminhar meu email para ele, cópia para mim (para eu saber que foi encaminhado)?
Gostaria de falar com ele sobre oportunidades de tecnologia — incluindo empreendedorismo e inovação — aqui no Brasil, terra natal dele.
Acho que ele gostará muito de alguns projetos que temos disponíveis.
Gostaria de falar também da evolução de redes sociais.
Estamos criando a Rede de Inovação do Estado do Rio de Janeiro.
É um caminho que, com ajustes e adaptações, poderá levar para diversos novos destinos inclusive comercialmente interessantes.
Favor confirmar recebimento/encaminhamento.
Obrigado,
Sidney Huber
Diretor Presidente e de Tecnologia
INSTITUTO NACIONAL DE EMPREENDEDORISMO E INOVAÇÃO
Desenvolvendo o Empreendedorismo Inovador e Redes de Inovação
Skype: sidhuber
Tel.: (021) 3204-2111
Cel.: (021) 8132-8710
e-mail: sidney@inei.org.br
http://www.inei.org.br
Indique Agentes de Inovação para a primeira
Rede de Inovação do Estado do Rio de Janeiro – RIERJ
Acesse:
http://www.inei.org.br/produtos-e-servicos/redes-de-inovacao/RIERJ
If you get me Eduardo email it would be much appreicated.
Dear Larry
I would like to confirm the news, Eduardo is in Singapore…Rumors are he is developing FB apps….hopefully I will run into him one day…would love to hear his side of the story…all said and done…I feel this guy will take out Mark in the years to come….
Cheers
Sanket
People, may be Mark is a traitor or not, I think history is on his side. Have we forgotten about Nikola Tesla and Thomas Eddy? Greatness = Genius + POLITICS! Thanks Larry.
Great story Jerry, love the unveiling article, I think mark need to bring Eduardo in as this was a dream they both nurtured it birth.
Great story… I am sure they had similar experiences meeting several folks along the way. I can’t say nor comment if what happened to Eduardo is fair or deserved, since none of us were in the inside and will never know exactly what happened. People tend to bend history to meet their perspectives… however, it is sad to see a friendship being broken up… it sounds like these two came up with a great idea… one prevailed, the other did not seem to get (from our perspective) a fair deal. But if he was the business guru he is portrayed in the movie, I am surprised Mark was able to outsmart him and dilute his shares without some awareness. from the movie, they make it sound like Eduardo was thinking in smaller scale, and Mark was able to see beyond… which is a testament to his ego… and also his strength, else we would not be interested and fb would have been nothing more than a fab and not the global site it is today. In the end, thank you both, for contributing to evolving world we live in. In the end… both are wealthy… and I am sure is bragging rights that each want.
[…] Eduardo Saverin іѕ thе Co-Founder οf Facebook, dеѕсrіbеd bу Andrew Garfield. Garfield mіght find himself nominated fοr аn award аftеr thіѕ film, bυt Eduardo Saverin іѕ hard tο find. Back іn 2009 Larry Cheng sought hіm out wіth a blog post. […]
[…] Vin Diesel and Britney Spears, everyone!) • Eduardo Saverin’s LinkedIn Profile • A Personal Blog Entry About a Business Meeting With Saverin and Zuckerberg: Where in the World Is Ed… (by Larry Cheng, June 2009) • Forbes Wealth Profile: Eduardo Saverin • A Paltry CNN Money […]
Yeah real good read. Good stuff Larry!! Whoever you are!
Great story. Just saw the social network and found your article. Thanks for sharing!
Chris and B Wagz
Thanks for reading, appreciate it.
Very Good story and very interesting. Its unfortunate that your investment didnt work out but thing always work out for the best anyhow. Again, very good writing Larry. Are you still investing in startups?
I too wonder what has become of Eduardo.
I just saw the movie — highly recommend — AND
I just cancelled my facebook account (farm animals) and I hope other women will join to start the domino effect that MZ fears …
Call MZ what you will–he deserves it!–but folks won’t stop using fb, just like families won’t stop watching smut on TV or buying Chinese products at Wal-mart. It’s too convenient as a basic tool for keeping in touch with friends.
However, many people won’t use it for fear of being marked by the government or some malicious entity. That rings true to me, but I honestly just don’t think it will happen to me.
Having said that, one can know everything about me from spokeo.com for a little over $30 bucks. Call it trust. 🙂
I actually just watched the movie about 3 days ago. It made me angry. The first thing I wanted to do was cancel my account as well. Now after reading your post, it really confirms that I am not over-reacting.
I know that movies can be false and all, but the impression that MZ’s character left on me was very depressing and made me sad.
His disloyalty to friends, his need for greed, his misogynistic attitude towards women, take your pick, combined it’s really an ugly story. Prior to seeing the movie, I was genuinely happy about the success of Fb and young millionaires, I was hoping that perhaps they’d also usher in new ideas and be more compassionate people.
I saw the movie last night and thoroughly enjoyed it!
Call me sappy, but I wish Mark & Eduardo would make amends (if they haven’t already) and work together again.
Never let the outside world come in between real friendship and the people who are there in the beginning…who like you for you and NOT because who you have become. ~RR
who you ‘become’ is actually who you are as well. The money success and “material” things is who you are.. im not saying it’s all you are but to say that those things didn’t come to fruition because of your base personality and character is just not true.
[…] 1. Since “co-founder” Eduardo Saverin is the only major player in the movie who isn’t made out to be a complete douche, the book the movie is based on is probably told from his perspective (it is). […]
As the old adage goes there is 2 sides to every story and then there is the truth. I As the old adage goes, there is always 2 sides to every story and then there is the truth.
I found 3 articles at Business Inside site that allegedly tells the real story about what really happened between Mark and Eduardo. It paints a very different picture of Eduardo.
The links to all 3 articles can be found at the main Business Inside link below.
Enjoy! ~RR
http://www.businessinsider.com/reminder-the-social-network-victim-eduardo-saverin-is-a-billionaire-2010-10
TheChickFix, thanks for sharing the link. I’m as interested as anyone to understand the broader story. Thanks for passing it along.
If not for your wiirntg this topic could be very convoluted and oblique.
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You will be hearing about Intertainment Media and Ortsbo pretty soon. Founder is David Lucatch.
Great post. Let us know when you see the movie. Perhaps a separate blog entry for a review?
Grayson, good idea. I’m not sure I’m a credible movie reviewer, but will see it purely for entertainment purposes. I’ve heard it’s pretty good.
(Eduardo, if you read this, give me a call. Let’s go grab a bite to eat. Henrietta’s Table – I’ll drive.)
Read: Eduardo, if you read this, give me a call. I would like a small portion of your 5% share in Facebook.
[…] which magically morphed into Zuckerberg's own Facebook; in the other, he sits opposite Eduardo Saverin (Andrew Garfield, the next Spider-Man), a classmate who was Facebook's CFO for its first year […]
Just come back from the Premiere of “The Social Network” in Madrid and voilá!
Thanks so much for sharing this 🙂
PD: Eduardo, if you read this, please beep me in Madriz (Spain 😉
The Social Network is a hit! Eduardo is back on top though the word on the internet I read is that Eduardo really disconnected from Facebook at an early stage of growth and became unresponsive forcing Mark to either get family loans to keep it going or find a way to get past the need for Eduardo’s signature approval to move forward.
Saw “The Social Network” with my college-sophomore son this afternoon…it was excellent and we both loved the movie.
Eduardo was our favorite and we both think he got ripped off….
Thank you for your article ….and I also agree that you need to write about what you think of the movie after you see it; was it the truth as you know it or not. I’d like to believe what I saw.
Great article! Your article actually gives an excellent indication of the dynamics of their relationship and leads one to believe that a “wild card” must have entered the picture to destroy it. From your article, Zuckerberg was the leader and the brains that Saverin respected, but also wanted to protect, for what he apparently believed was Zuckerberg’s lack of business acumen. Which leads to the next thought…
I’m not so sure if it’s the Zuckerberg/Saverin conflict that doomed this duo. If the movie is to be believed (and even if not), it would appear that Parker was a vicious businessperson who wanted to cut Saverin out. Parker knew Napster pissed off the music industry so he had no hesitation in pissing others off (or cutting others out) to get what he wanted…Victoria’s Secret models…and, more importantly, a 7 percent interest in FB. Not a bad goal for someone whose appearances could make him a brother of Zuckerberg, particularly with apparently no greater than a high school education. BTW, he’s a managing partner in a hedge fund with others and Peter Thiel (Stanford undergrad, Stanford JD).
Just saw the moive. OMG it was great thanks for the links.
Lerry as well, thank you so much i just read your article I love it.
I really hope u get in contact with ES. I feel there’s a lot of details missing in the movie and what we (the ppl) read. I really appreciate to read more of what u write
Best,
Miggz Fresh
I love the new movie “the social network”. I don’t know if it is the true story, because I don’t like the chracter auf Mark Zuckerberg in this movie. Perhaps ist the truth something else. I don’t know.
Larry, the above posting from last year really helps me “flesh out” these guys beyond how they were depicted in the movie.
One annoying aspect of movie- they state that Eduardo’s stake was diluted, against his will, to “.03%”…a very dramatic moment in movie. In reality it seems he was only somewhat diluted to the point where he is only a billionaire and not a double-billionaire. Or was this event factual and perhaps he was awarded back up to the current 5% by courts? Anyone know?
Very interesting your article…
I suppose the screen which you posted is the original one used in Harvard, isn’t?
So, seems that they already had problems in the right beginning, when it was just an online version of the Freshman Facebook of Harvard, as it was “a Mark Zuckerberg production”?
Maybe Mark was the only one who really had the ‘great idea’… As it was said, we’ll never know what happened behind. But it brings up the discussion about authoring, designing, sharing ideas, sharing credits, etc, etc. And I see it’s really hard to do it honestly, everywhere, in companies, between friends, even in our homes… But of course, we cannot discuss this subject using Mark and Eduardo story, because we do not know what happened. That is it.
Well, as maybe all of you might already have read, Eduardo Saverin has already watched “The Social Network”, and responds to it:
http://www.allfacebook.com/saverin-social-network-2010-10
Eduardo, se você está lendo isto, me liga! 😉
All the best! C.
[…] 倒是一位名叫larrycheng（华人？）的哈佛校友描述了在facebook创办早期，他和Mark以及Eduardo的几次会面。（点此阅读）从描述中看，电影里塑造的人物形象还原度还是挺高的。 […]
[…] 倒是一位名叫larrycheng（华人？）的哈佛校友描述了在facebook创办早期，他和Mark以及Eduardo的几次会面。（点此阅读）从描述中看，电影里塑造的人物形象还原度还是挺高的。 […]
Best you should edit the page name Where In The World Is Eduardo Saverin? Thinking About Thinking to something more suited for your webpage you create. I liked the blog post still.
I saw the movie and it’s great! As for the real story, I think we’ll never know what really happened. Even Eduardo, in his comments on the movie, doesn’t subscribe all the facts and dialogues as portrayed.
I just think it is really said to see a beautiful friendship end up like that. I wish they could forgive each other and become best friends again.
Lovely article the best av read in two weeks,thanks for the article.I know u are not bias in this but i think dropping out of school may be responsible for the split..No price is to high to pay to achieve wat u believe in .ES stayed n graduated while Mark dropped out to follow the dream…they both follow wat they believe.ES IS WORTH 1.5B,an will be addressed as co-founder of Facebook till end of day,i think is too lucky
I happen to manage small high-tech start ups for living so i think i have some insight in how things work in that environment (i am at my 13th now).
After seeing the movie my impression is this:
The Winkelvoss brothers after all were much more interested into going to the Olympics than setting up and running a company.
Eduardo never had the “obsession” MZ had for the company, the company was his life, he renounced to everything else for it, it’s easy to say that for him was not a big deal since he had no life but still that’s what he did.
The fact of who he is is a little irrelevant to me, as likable Eduardo and the Winkelvosses are (they are good guys you have to admit) who was breathing, living and dying by the company was MZ, he left Harvard for it while Eduardo didn’t. Take the Microsoft story, both Allen and Gates dropped out of school to pursue their career dreams. But, said that, I strongly believe that barring really exceptional cases all the great success stories involve more than one person, maybe one is dominant, maybe one has the hard technical skills, but the soft skills part are fundamental to the solution of the equation (as any HR executive worth its salt will tell you).
to quote Steve Jobs:
My model for business is The Beatles: They were four guys that kept each other’s negative tendencies in check; they balanced each other. And the total was greater than the sum of the parts. Great things in business are not done by one person, they are done by a team of people.
and to quote Wayne Gretzki: ‘I skate to where the puck is going to be, not where it has been”. Teamwork and vision, that’s the recipe.
Sorry for the somewhat rambling message, the conclusion is, MZ is the hart and soul of FB but he probably wouldn’t have gone anywhere without Saverin.
Is definitely blogengine better than wp somehow? Should be as it would be becoming more popluar of late.
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Larry I’ve seen the movie and read so much about the facebook Story..all of them seemed bias toward one or the other…. YOUR POST IS THE MOST TRUSTWORTHY thing i’ve ever read about ‘thefacebook’ story… it’s really tell how thing where back then..
thanks
Thanks Pedro – I appreciate that.
[…] The busiest day of the year was October 3rd with 8,056 views. The most popular post that day was Where In The World Is Eduardo Saverin?. […]
From what I heard… Eduardo is believed to be living in Singapore.
im watching the social network movie right now and my heart goes out to eduardo. facebook is the coolest thing ever however, its kinda sad how we treat friends along the process of making that billion, becoming popular, being the man of the hour. i have to agree — eduardo saverin is co-founder of facebook! facebook will never happen without him! Godspeed eduardo and God be with you Mark!
As the inventor of biographical portraiture I intend to paint your story as part of recent history.
Should this be of interest to you and you wish to provide input please contact me at your convenience.
Incendentally, I spent November in San Miguel de Allende, Mexico working with samseaman.com on a project.
Being long in the tooth I have little time to paint a lot of history and yours is an interesting story.
Going to SOCIAL NETWORK @ the dollar theatre tomorrow. From my friends and neighbors in Chelsea area of NYC I received a number of “go for its” in painting your portrait. Doubt that Jerkelburg gets this kind of interest.
Also, go to YouTube/jqart to see what I did of the national bank CEO’s
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Thanks Larry, that was nice!
Seems to me this won’t be the last we hear from these two.
Jeff
Thanks Larry, that was nice!
i wonder where the coders and everyone else is credited in this. Like in the case of eduardo, when u think of facebook you say “ohh mark did it all by himself.” NOT TRUE
It’s too bad you’ve missed out on billions if you had invested in ‘thefacebook’…
Well its a pitty story about eduardo and facebook.
But nobody hears something from him.
Hello!
Somebody would be able to help me. I want to write to Eduardo Saverin a email. Should somebody know his availability?
Thanks
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Larry,
If you want to find Eduardo you are going to have to travel to Singapore. I see him at a club near my place some times. Been told he invests in tech start-ups in Asia though I don’t know via what vehicle.
Awesome story man. I believe Mark owes Eduardo wayy more than he can chew. Im not talking about money, Im talking about his friendship.
Hope you get to meet Eduardo again.
A great article, thanks for sharing.
Awesome, job. Really enjoyed reading your article. It reads like a “journal” and I appreciated your honesty in what you thought of them. Your point of view as a potential investor was also refreshing. (You guys are real people…lol). Btw, that was super decent of you to school them on “deals”. The time frame you wrote this article (before the movie came out) also helps in further making your opinions of them “pure”, and without any preconcieved ideas of who they were.
Eunice, yes when I wrote the blog post, I had no idea there was a movie coming out. I was even more surprised to see the movie and see that it was basically about Mark and Eduardo. It was good to see Eduardo get his deserved notoriety for his role in Facebook.
[…] algumas referências interessantes no site da Gawker Media e uma história bacana do investidor Larry Cheng, contando sobre os primeiros passos da dupla Zuckerberg/Saverin. Em todo caso, se você ainda assim […]
Out of curiosity, why did the investment ultimately not work out?
This is a very nice story. Thank you for sharing it.
The Social Network movie got me interested with what happened to Eduardo.
хуй, пизда, джигурда, братюнь.
Interesting article on Eduardo Saverin giving up U.S. citizenship before the FB IPO:
http://finance.yahoo.com/news/facebook-co-founder-saverin-gives-up-u-s–citizenship-before-ipo.html
Hi! Just watched “The Social Network” and loved it! …….Didn’t pay attention before but Now I know how Facebook really started! …..
Its good to know that Mark is still the major shareholder of Facebook! BUT I stil think that Eduardo should have fought harder for the next major share holder position- that is next to or almost same position as Mark! …….. Good work! Mark Eduardo!
[…] https://larrycheng.com/2009/06/15/where-in-the-world-is-eduardo- […]
If we want to be visible, we will know how to use media respectively. True characters need no glory – they simply enjoy their part of the game.
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For realization of Idea you can organize International Corporation of Building “Harmony” (or etc). As a result of our cooperation Name of our coming co-authors can be appropriated to a new city and become history of your state and world geography.
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We send already two years a information to milliardaires and directors of known corporations about our various Innovations. However answers have not received. Why NOBODY to not interest for Innovative Ideas and Technologies of world level?
Best regards,
Valeriy CHOOGIN,
Academician of the Ukrainian Technological Academy, Professor, Dr.Sc.Technical.
E-Mail for contact:
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