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Eduardo Luiz Saverin (/ ˈ s æ v ər ɪ n / SAV-ər-in, Brazilian Portuguese: [eduˈaʁdu luˈis saveˈɾĩ] ⓘ; born March 19, 1982) [4] is a Brazilian billionaire entrepreneur and angel investor, known for having co-founded Facebook. [5] In 2012, he owned about 2% of Facebook shares, [6] valued at approximately $2 billion at the time.
After traveling to the company's new headquarters on the pretense of attending a business meeting and "millionth user party," Saverin becomes enraged when he discovers that the new investment deal allows his share of Facebook to be diluted from 34% to 0.03%, without diluting the ownership percentage of any other owner, and has already been ...
B Capital was founded in 2015 by Facebook co-founder Eduardo Saverin and Raj Ganguly. Saverin had worked with Ganguly since 2012 where they met in Singapore due to mutual acquaintances from Harvard University. In 2015 they came up with the idea of B-Capital around two points of distinction which were a strong footprint in Southeast Asia and a ...
The company diluted its shares, reducing your investment’s strength by introducing new stock for investors and […] The post What Fully Diluted Shares Are and How to Calculate appeared first on ...
Eduardo Saverin will forever be known for co-founding Facebook 16 years ago with four other Harvard classmates (one of whom is still running the company). The two -- along with three other general ...
The story begins in the weeks that precede the launch of "thefacebook.com" at Harvard. Eduardo Saverin, cast as the protagonist, has befriended Mark Zuckerberg, and both struggle for social acceptance—Saverin by joining a final club, Zuckerberg by creating a website where girls can be ranked according to their looks. Zuckerberg's stunt ...
Arm's blockbuster initial public offering (IPO) was oversubscribed by 12 times, and could have been priced at $52 per share, above the indicated range of $47 to $51, people familiar with the ...
The theoretical diluted price, i.e. the price after an increase in the number of shares, can be calculated as: Theoretical Diluted Price = + + Where: O = original number of shares; OP = Current share price; N = number of new shares to be issued; IP = issue price of new shares