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Top related persons:
Eduardo Saverin - 2 Mark Zuckerberg - 2 Chris Hughes - 2 Zuckerberg - 2 Saverin — - 1 — - 1 Airbnb - 1 Uber - 1
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Wall Silicon Singapore Berkeley
Top related orgs:
Microsoft - 1 Service - 1 B Capital - 1 Milken Institute Asia Summit - 1 Apple - 1 Federal Reserve - 1 Social - 1 B Capital Group - 1

Search resuls for: "Eduardo Saverin"


4 mentions found


☆ Facebook cofounder Eduardo Saverin says the best companies come out of downturns, because they forge entrepreneurs behind firms like Apple and Alibaba
  + stars: | 2023-09-15 | by ( Kai Xiang Teo | ) www.businessinsider.com   time to read: +3 min
Facebook cofounder Eduardo Saverin says the best companies come out of times of economic downturn. Saverin pointed to examples like Apple, Microsoft, Alibaba, Facebook, Uber, and Airbnb. He cited the examples of Apple, Microsoft, Alibaba, Facebook, Uber, and Airbnb, and said the best companies emerge from "not great" periods in the market. Zuckerberg diluting Saverin's Facebook shares and booting him from the company in 2005 formed the central plot of the 2012 film, "The Social Network." Since his departure from Facebook, Saverin cofounded B Capital Group in 2020.
Persons: Eduardo Saverin, Saverin —, —, Airbnb, Uber, Jack Ma, Saverin, Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, Andrew McCollum, Zuckerberg Organizations: Microsoft, Facebook, Service, B Capital, Milken Institute Asia Summit, Apple, Federal Reserve, Social, B Capital Group, Bloomberg Locations: Wall, Silicon, Singapore
☆ Why billionaire Dustin Moskovitz keeps buying up shares of his software company Asana
  + stars: | 2023-06-24 | by ( Jordan Novet | ) www.cnbc.com   time to read: +4 min
Moskovitz, who is still known by many as a co-founder of Facebook, started Asana in 2008 to make work more collaborative through software. Following the purchase of 480,000 Asana shares in June, Moskovitz's ownership swelled to 111.4 million shares, representing over 51% of outstanding stock. Even after rallying 66% this year, Asana shares are more than 80% below their record high from late 2021. Moskovitz has agreed not to buy all outstanding Asana shares or even acquire ownership of 90% of the common stock. Moskovitz declined to talk about whether he was buying up shares to prevent activist investors from coming in and trying to force change.
Persons: Asana's Dustin Moskovitz, Moskovitz, Asana, It's, Cari, ChatGPT, it's, Mark Zuckerberg, Chris Hughes, Eduardo Saverin, Zuckerberg Organizations: Facebook, CNBC, Meta, Good Ventures, National Science Foundation, University of California, Harvard University, New York Stock Exchange Locations: Berkeley
☆ India's startup market may be behind China's, but it has 'tremendous potential,' says Facebook co-founder
  + stars: | 2022-09-29 | by ( Su-Lin Tan | ) www.cnbc.com   time to read: +3 min
India's startup market is worth betting on, though it's still "a few years" behind China's, Facebook co-founder Eduardo Saverin said. "I think India is a huge market with just tremendous potential," Saverin said, in response to a question on why India's startup ecosystem has not generated better returns. "And I think as the market continues to mature, and as you get into a better macroeconomic environment, it is a market to bet on, combined with Southeast Asia." According to India's Ministry of Finance report from August, the country's foreign direct investments in the first quarter of the year still lagged behind China's. "And actually, some of the biggest companies out there, I think Microsoft started during a recession."
☆ Peter Thiel was the 'puppet master' behind Facebook's political dealings, and 6 other unusual details about the billionaire tycoon's relationship with Mark Zuckerberg
  + stars: | 2022-02-08 | by ( Dorothy Cucci | ) www.businessinsider.com   time to read: +5 min
Peter Thiel and Mark Zuckerberg have known each other since 2004, when Thiel became Facebook's first major investor. Some believe Thiel acted as Zuckerberg's "puppet master," and Facebook employees noticed that Zuckerberg seemed to rely on Thiel in an unusual and sometimes concerning way. Zuckerberg told Thiel he should resign from Facebook's board of directors in August 2017. Thiel underestimated Facebook's potential and told Zuckerberg to sell the company in its second year. When Yahoo offered to buy Facebook for $1 billion, Thiel told Zuckerberg to take the deal — but then-22-year-old CEO said no.
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