Where is eduardo saverin on the facebook masthead

Is eduardo saverin still on the facebook masthead? Asked by: Cayla Luettgen I. Did Eduardo Saverin sue Mark? Why did Zuckerberg kick out Eduardo? What percent of Facebook does Zuckerberg own? What does Eduardo Saverin do now? How many employees does Facebook have ? Who owns the most of Facebook?

Saverin has had little to do with Facebook in recent years. But he re-entered the public consciousness recently when, days before Facebook stock was due to hit Wall Street, he renounced his U. Many saw it as a dodge -- a way to avoid paying U.

He says that's not the case and noted that, as has been reported , he's paying his taxes. I already paid and I will keep paying whatever taxes I owe based on my time as a U.

There was no other way. So Zuckerberg appears to have approached Saverin because Saverin had money and a vision for how to make more of it. Zuckerberg, meanwhile, wanted to "make something cool.

With Saverin's money paying for the servers, TheFacebook. It was an instant sensation at Harvard. Students from other schools quickly clamored for the site's expansion, and Mark and his colleagues obliged.

Two months later, on June 10, , a Harvard commencement speaker mentioned the amazing popularity of thefacebook. It was the high point in the relationship between the cofounders.

Things quickly went south from there. Six months after thefacebook. Saverin went to New York for an internship at Lehman Brothers. According to instant messages from this period, before Zuckerberg left for the West Coast, he asked Saverin to work on three things: "to set up the company, get funding, and make a business model. At first, it was just a cultural divide.

Saverin: So you guys go out a lot to partiens [sic] and such there? Zuckerberg: But in general we don't do fun things. Zuckerberg: But that's OK because the business is fun. Saverin: Lol yeah it is fun. No fun things though? Zuckerberg: Eh, enough. But then Saverin did something that really pissed Zuckerberg off: He ran unauthorized ads on Facebook. Worse, the ads were for a startup Saverin was running entirely on his own, a job boards site called Joboozle.

You developed Joboozle knowing that at some point Facebook would probably want to do something with jobs. This was pretty surprising to us, because you basically made something on the side that will end up competing with Facebook and that's pretty bad by itself.

But putting ads up on Facebook to advertise it, especially for free, is just mean. What finally ruined the relationship between Saverin and Zuckerberg for good was Facebook's need for funding. As that first summer went on and TheFacebook. Finding investors wasn't hard. Things were going so well, in fact, that Mark soon decided to commit to the company and not return to Harvard for his junior year. What was hard, however, was getting Facebook co-founder Saverin's attention, getting him to make a decision, and getting him to sign off on the reformation of Facebook as a company under Delaware law —a crucial step before any funding deals could be completed.

At one point, Zuckerberg emailed Saverin to offer him frequent flyer miles if it would get him out to Palo Alto. Saverin didn't take the offer. After his involvement with Facebook, Saverin dabbled at several startup projects before moving to Singapore for what was supposed to be a short stay to help a friend launch a business.

Saverin was already writing smaller checks to startups, but with Ganguly, a former consultant and vice president at Bain Capital, he set out to raise formal funds from outside investors. One example: Ninja Van.

A last-mile logistics provider for delivery services in Southeast Asia, the Singapore-based startup employs 2, people and works with 10, drivers.

Armed with deep knowledge and executive connections, consulting firms have tried their hand at venture capital investing for years.

BCG is a passive investor in B Capital, meaning they only call in the consultants when founders ask.