Wednesday, 28 December 2011

The Social Network - A Post Mortem

The Social Network, the movie, is the story about Mark Zuckerberg, the world’s youngest billionaire, who co-founded Facebook together with Eduardo Saverin, his best friend and CFO who unwittingly signed away the bulk of his stake in the company through naivetĂ© on his part and subterfuge on Zuckerberg’s.

It reminds us all that in the business world, even among the best of friends, there are no loyalties, nor ethics, for Zuckerberg also stole the idea for Facebook from fellow Harvard students whose idea it was for a college campus social network site Zuckerberg was offered the opportunity to jointly develop, the latter evolving into a legal dispute eventually settled out of court for tens of millions of dollars and the former similarly settled for an undisclosed amount.

Sorry, Mark, for being unable to idolize you after having watched the movie. Eduardo didn’t have anything to do with its conceptualization, did he? (I can almost hear him saying, “Oops,” in reply to that.)

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