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Not quite -- Eduardo Saverin has had a pretty good life after he was diluted out. "Eduardo Luiz Saverin is a Brazilian billionaire entrepreneur and angel investor based in Singapore. Saverin is one of the co-founders of Facebook. In 2012, he owned 53 million Facebook shares (approximately 2% of all outstanding shares), valued at approximately $2 billion at the time"

https://en.wikipedia.org/wiki/Eduardo_Saverin

I'd say nothing like giving up a stake for $100



He had to go through a lawsuit to get them... kinda like the story.


How do you go from cofounder 50% to owning 2%? Did he just trust his friend like most of us would and the zucc made him sign a document he didn't bother to review?


> after he was diluted out


Saverin had to sue Zuckerberg to get the money though, which is what the guy in this story is also doing.




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