Who is Eduardo Saverin, co-founder of Facebook?

We told the interesting life story of Eduardo Saverin, co-founder of the popular social media platform Facebook.
 Who is Eduardo Saverin, co-founder of Facebook?
READING NOW Who is Eduardo Saverin, co-founder of Facebook?

Facebook, which made a surprising decision last October and changed its name to Meta, is considered one of the pioneers of the media system launched as social media. In addition to its achievements in this field, the company, which has become the focus of criticism especially in recent years due to factors such as privacy and security, also draws attention with its interesting founding story.

We all know that Mark Zuckerberg comes to mind first when Meta, formerly Facebook, is mentioned in 2022. However, it is worth noting that there are four other founders of the company that are not seen much. The life story of Eduardo Saverin, one of the founders of the company, especially with the movie The Social Network, which was released in 2010 and focused on the founding story of Facebook, started to be very curious. In this article, we touched upon the interesting life story of Saverin…

Who is Eduardo Saverin?

Eduardo Saverin was born on March 19, 1982 in São Paulo, Brazil. Saverin, who never had financial difficulties because his father was an industrialist dealing with exports, clothing, real estate and shipping, moved to Miami at an early age and spent his childhood here.

He started his education life at Gulliver Preparatory School in Miami and then went to Harvard University, which is touted as one of the world’s leading universities. At the same time, Saverin, who made a strategic investment of over 300 thousand dollars in the oil field while he was a student, was quite different from the classical university students in terms of both financial and entrepreneurship.

In his second year at Harvard University, he met Mark Zuckerberg, who was studying at the same place. The duo, who soon became intimate and decided to collaborate on various projects, decided to establish a social network that allows university students to communicate and exchange information with others.

Of course, “ikissyou”, which he opened in 1999 in front of the duo. The existence of an example such as Mahir Çağrı, known as Internet Mahir, who announced the internet phenomenon and social networking concepts to the world for the first time with his personal website named “org”, made things much easier in terms of concept and idea.

When the dates showed in 2004, Facebook, one of the most popular social media platforms of today, was officially established. The platform, which was first developed for students at Harvard University, then started to be used in schools around Boston, and spread to all schools in the USA a year later, was opened to all e-mail addresses around the world with certain age restrictions on September 11, 2006. Until 2006 it was only used with email addresses provided by schools in the country.

Disputes begin between Saverin and Zuckerberg

Eduardo Saverin, who graduated from Harvard University’s Faculty of Economics with outstanding success in 2006, when Facebook was made available to the whole world, started to have severe disagreements and disagreements with his close friend and business partner Mark Zuckerberg when the platform began to make its name known. In fact, in 2005, Zuckerberg reduced the Facebook shares of Saverin, who was still operating as business manager and finance manager, from 34 percent to 0.03 percent.

Moving to Silicon Valley in this process, Facebook took on a whole new dimension with the involvement of PayPal co-founder Peter Thiel and Napster founder Sean Parker. Eduardo Saverin’s influence within the company has also drastically diminished after the names in question supported Zuckerberg as CEO and invested heavily in the company.

In the meantime, it should not be forgotten that Eduardo Saverin sued Facebook after his shares were dropped. But this case was settled not in courtrooms, but in a secret agreement, the terms of which were never disclosed. Shortly after that, it was announced by Facebook that Saverin was awarded the title of co-founder.


Who is Eduardo Saverin?

Of course, after that, it’s all about the claims in various sources, especially the movie The Social Network. In fact, Zuckerberg stated that he absolutely did not like the production in question, that it contained many elements that did not reflect the truth about Facebook, and that some details were quite hurtful. For this reason, we may never know what happened between Eduardo Saverin and Mark Zuckerberg.

Finally, let us state that Eduardo Saverin voluntarily resigned from the US citizenship in 2012, and today he continues his life with new ventures and investments.

So what do you think about this subject? Do you think what is told in the movie The Social Network is true? Do not forget to share your views with us in the comments section.

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