Mark Zuckerberg's creation of Facebook and lawsuits from rivals
1.
2. What's the story?
In his sophomore year at Harvard, computer-science genius Mark
Zuckerberg (Jesse Eisenberg) and his best friend, Eduardo
Saverin (Andrew Garfield), create a site ranking their female
classmates' hotness. It gets the attention of rich, entrepreneurial
seniorsTyler and CameronWinklevoss (both played by Armie
Hammer) and their business partner, who hire Zuckerberg to
create a social networking site for Harvard students. But instead
of working on the Harvard-only site, Zuckerberg asks Saverin to
front him the start-up costs to launch what they call "the
Facebook," which starts at Harvard but eventually spreads to
other elite universities across the country. After the site hits
Stanford, Zuckerberg and Saverin meet Napster co-founder Sean
Parker (JustinTimberlake), who ingratiates himself into the
founders' circle, usurps Saverin, and helps Zuckerberg get the
funds to transform "the Facebook" into Facebook. In the
process, Zuckerberg faces lawsuits from his Harvard rivals and his
former best friend
12. 10.Profit shared
What was the original pay agreement regarding
Facebook?
The first agreement made was a 70 – 30 split
between Mark Zuckerberg and Eduardo Saverin.
About a month afterThe Facebook was released to
Harvard, Mark Zuckerberg’s roommate Dustin
Moskovitz asked to work on the project as well. He
was given 5%, reducing Mark’s cut to 65%.When
Sean Parker entered the picture, the company was
reincorporated and new corporate bylaws were
written up. As a result, Zuckerberg was entitled to
51%, Saverin 34.4%, Moskovitz 6.81% and Parker
6.47%, with the remaining allotted to their law firm