Showing posts with label Eduardo Saverin. Show all posts
Showing posts with label Eduardo Saverin. Show all posts

Friday, October 15, 2010

Eduardo Saverin: Roommate Does Not Mean Best Friend

Image representing Mark Zuckerberg as depicted...Image via CrunchBase
Mashable: The Other Facebook Co-founder Speaks Out: Instead of moving out with Zuckerberg to Palo Alto to grow the company though, he decided to work as a finance intern and the two began to have major conflicts over the direction of Facebook. Eventually the company was restructured, leaving Saverin out in the cold. His co-founder title was stripped and his share of Facebook reportedly dropped from 30% to less than 5%, for which he sued Facebook in 2009..... making his net worth somewhere in the range of $1.1 billion to $1.3 billion.... Even his Facebook page is bare; it only has two posts. All it says is that he’s a “technology entrepreneur and investor.”
I don't believe companies have co-founders. It is rare for a company to have a co-founder. The title co-founder denotes equal status, and that almost never happens. Paul Allen was not a Microsoft co-founder. Bill Gates was the founder, the indispensable person, the person who saw where the company might be in 20 years. Bob Miner was not an Oracle co-founder. Larry Ellison was the founder. Bob Miner never was able to make peace with the fact that at some point his net worth surpassed a million dollars. That was not a co-founder.

The big bang of Oracle happened with Larry Ellison and Bob Miner happened to be nearby. Paul Allen happened to be nearby. The big bang of Facebook happened with Mark Zuckerberg. Saverin was not a best friend, not even a friend. Saverin was roommate. He happened to be in geographical proximity. He is the accidental billionaire. The guy did not get the idea. And by that I don't mean to suggest the idea of Facebook did not originate with him. What I mean to suggest is the guy did not "get" it. He never got it, until he realized Facebook was getting really big, and so he sued. His billion should go straight to charity.

The two idiot twins should not have received any money. The justice system is flawed that they ended up with any money.

To some extent Paul Allen was there, he was number two. Bob Miner was with Oracle for years. He did work. These Facebook drama clowns did nothing. The twins were rowing the boat. Saverin had all the wrong ideas about where Facebook needed to go. The guy, if anything, was not even a non founder, he was an anti-founder. If o-n-e of his ideas had been incorporated, Facebook was gone down the tube.

I want the money back.

David Kirkpatrick: "Zuck Is Not An Asshole"
To Make Sense Of The Facebook Movie
I Gave In: Facebook: The Movie
The Social Network: Before Seeing The Movie



CNBC: Facebook Co-Founder Speaks Publicly: What I Learned From Watching “The Social Network”

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Friday, October 01, 2010

I Gave In: Facebook: The Movie

Mark Zuckerberg, May 2007Image via WikipediaI was strolling around in Murray Hill, and I happened to walk by the movie theater on 32nd Street and Second Avenue. I walked in, looked around, checked out the movie times. One time slot for The Social Network was sold out.

I walked out. Spent some time in the bookstore next door. I had quietly noted down a time slot that might work. It was close to 7PM.

I walked in again about 15 minutes before that. I bought a ticket. I am glad I did.

This actually is a very well made movie. It is a movie. It is a fictionalized version of what happened, but there are too many parallels.

It is good drama. Kevin Spacey is the executive producer. That adds to the weight, I believe.

Facebook has become too big a cultural phenomenon to have been able to avoid a movie like this made. Too many people who will not pick up a book on the topic want to know what happened.

The dramatizations aside, I did not feel Zuck got demonized or anything like that. The lawsuits were but harassments posssible in murky legal environments.

Mark Zuckerberg did not steal the idea from anyone, those guys should never have received any money. Those were bogus lawsuits. He got blackmailed, and the system allowed that.

The best line of the movie is when Zuck says: "You have a part of my attention."

The guy presented as cofounder was not a cofounder. Zuck wrote all that early code.

A big omission in the movie is Zuck's steady girlfriend of so many long years. She is not shown at all.

And of course the movie totally misses out on the engineering behind the phenomenon called Facebook.

But then movies perhaps are supposed to be drama, and hence the total focus on the lawsuits. Lawsuits make for friction make for drama.
Kevin Spacey, at the HBO post-Emmys party, in 2008Image via Wikipedia
The movie is well made, it is not accurate, was not meant to be, although most people will believe most details.

Facebook the company has no big reason to dislike the movie, really. There is much dramatization, not much demonization.

The basic movie ingredients are actually in top form. I can see this movie making a lot of money worldwide.




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