{"id":13172,"date":"2023-11-28T03:00:11","date_gmt":"2023-11-28T02:00:11","guid":{"rendered":"https:\/\/www.ceoinfluencers.com\/?p=13172"},"modified":"2023-11-28T03:00:11","modified_gmt":"2023-11-28T02:00:11","slug":"did-eduardo-saverin-sue-mark-zuckerberg","status":"publish","type":"post","link":"https:\/\/www.ceoinfluencers.com\/did-eduardo-saverin-sue-mark-zuckerberg\/","title":{"rendered":"Did Eduardo Saverin Sue Mark Zuckerberg"},"content":{"rendered":"
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Introduction of Mark Zuckerberg and Eduardo Saverin<\/h2>\n

Mark Zuckerberg and Eduardo Saverin are two Harvard University students whom collaborated to launch what would eventually become the largest social media platform in the world, Facebook. Prior to the launch, Mark Zuckerberg and Eduardo Saverin worked on Facebook together, both as primary creators and partners in the business. Eduardo Saverin is credited with helping Zuckerberg to code and develop the website in its early stages. Initially, they had a great partnership, while they were creating Facebook.<\/p>\n

Fall Out between Mark Zuckerberg and Eduardo Saverin<\/h2>\n

But, it wasn’t to last, and their relationship soured when Mark Zuckerberg allegedly cut Eduardo Saverin out of the day-to-day dealings of Facebook. After this, Mark Zuckerberg had a perceived upper-hand in terms of influence within Facebook, and according to one account, Eduardo Saverin resigned himself to a lower status within the company. <\/p>\n

Legal Battle Between Mark Zuckerberg and Eduardo Saverin<\/h2>\n

Eventually, a legal battle ensued between Mark Zuckerberg and Eduardo Saverin, with Eduardo Saverin suing Mark Zuckerberg for allegedly diluted his shares of Facebook and benefited from a poor valuation of the company after the big investor Peter Thiel joined in. The suit also claimed that Mark Zuckerberg had manipulated his business partner out of his rightful share of Facebook. It was settle out of court, with Eduardo Saverin eventually receiving an undisclosed sum and a reported 5 percent stake in the company. <\/p>\n

Power Dynamics Between Mark Zuckerberg and Eduardo Saverin<\/h2>\n

In hindsight, it is clear to see that the imbroglio between Mark Zuckerberg and Eduardo Saverin was complicated by various factors. To start with, Mark Zuckerberg was always seen as the leader and the driving force behind Facebook, while Eduardo Saverin was seen, by many within the company, as the secondary driver. This, coupled with Mark Zuckerberg’s perceived upper hand in terms of influence within Facebook, must have made Eduardo Saverin feel very left out and powerless.<\/p>\n