The Social Network Paradigm

Billionaire ex-Facebook president Sean Parker unloads on Mark Zuckerberg and admits he helped build a monster. After site visitors to the positioning crashes components of Harvard’s laptop network, Zuckerberg is given six months of academic probation Nonetheless, Facemash’s recognition attracts the attention of Harvard upperclassmen and twins Cameron and Tyler Winklevoss and their business associate Divya Narendra The trio invites Zuckerberg to work on Harvard Connection , a social network featuring the exclusive nature of Harvard students and geared toward relationship.\n\nWhile competing in the Henley Royal Regatta for Harvard in opposition to the Hollandia Roeiclub , the Winklevoss twins discover that Facebook has expanded to Oxford , Cambridge and the LSE , and resolve to sue the company for theft of intellectual property Meanwhile, Saverin objects to Parker making business choices for Facebook and freezes the company’s bank account in the resulting dispute.\n\nHe later relents when Zuckerberg reveals that they have secured $500,000 from angel investor Peter Thiel Nonetheless, Saverin becomes enraged when he discovers that the new investment deal allows his share of Facebook to be diluted from 34% to 0.03%, while maintaining the ownership share of all other parties.\n\nAt the end, Marylin Delpy, a junior lawyer for the defense, informs Zuckerberg that they may settle with Saverin, for the reason that sordid details of Facebook’s founding and Zuckerberg’s own callous perspective will make him highly unsympathetic to a jury.\n\nThe epilogue states that Cameron and Tyler Winklevoss obtained a settlement of $65 million, signed a non-disclosure agreement , and rowed in the 2008 Beijing Olympics , inserting sixth; Eduardo Saverin obtained a settlement of an unknown amount and his title was restored to the Facebook masthead as a co-founder; the website has over 500 million members in 207 international locations and is valued at 25 billion dollars; and Mark Zuckerberg is the world’s youngest self-made billionaire.