Eduardo Saverin, every mention

Meta (Audio) · Acquired Oct 28, 2024 · 13 mentions

• ▶ 58:09 David Rosenthal So one of Mark's fraternity brothers in AEPI is a guy named Eduardo Saverin, and Eduardo was, I think, part of the business and investing club at Harvard, so they recruited Eduardo in,
• ▶ 58:20 David Rosenthal And Eduardo invests a thousand dollars in infrastructure for the site.
• ▶ 58:25 David Rosenthal Mark invests another thousand dollars, so together there's 2000 dollars of investment in the facebook.com, and the deal they strike is that Mark gets two-thirds of the company, and Eduardo gets one-third of the company, and Eduardo sets up…
• ▶ 58:42 David Rosenthal Eduardo was from Florida.
• ▶ 1:00:07 David Rosenthal Andrew and Eduardo, the five co-founders of Facebook.
• ▶ 1:07:42 David Rosenthal Now when we say crew who moves out, that crew did not include Eduardo.
• ▶ 1:07:47 David Rosenthal Eduardo had an internship in New York and decided that he was not gonna move out for the summer.
• ▶ 1:07:56 David Rosenthal On the other hand, he ends up with two percent of Facebook, so he's also fine.
• ▶ 1:08:07 Ben Gilbert That Eduardo Saverin goes from owning a third of this Florida-based LLC to something like two percent of this C-Corp that is a Delaware C-Corp based in California that goes on to become, or is, Facebook Inc.
• ▶ 1:08:42 Ben Gilbert He was a co-founder of Facebook, and then ended up with two percent and lived on a different coast.
• ▶ 1:14:52 David Rosenthal So, Sean, being the enterprising person that he is, he cold emails the company's business email address and asks to set up a meeting, and Eduardo Saverin replies to Sean, he's like, oh, cool, you're the co-founder of Napster, yeah.
• ▶ 1:15:07 David Rosenthal They set up a dinner in New York City, this is while the spring semester is still going on at Harvard, and Mark and Eduardo and Sean all get dinner together, and
• ▶ 1:28:37 David Rosenthal So, Eduardo never came out in the first place, so he did his internship in New York.