Latest Eduardo Saverin Stories

2014-07-23 04:21:03

NEW YORK, July 23, 2014 /PRNewswire/ -- With the financial world gearing up for the upcoming initial public offering (IPO) of Chinese e-commerce giant Alibaba on the New York Stock Exchange, Wealth-X today released a list of the top five biggest IPOs on record of non-government-owned companies in the United States. Many analysts predict the Alibaba IPO will be the largest-ever and could raise more than US$20 billion, valuing the company at US$150 billion. Leading the list of largest...

2014-02-05 08:32:36

NEW YORK, Feb. 5, 2014 /PRNewswire/ -- On the 10th anniversary of Facebook, Wealth-X reveals that Chris Hughes, a co-founder of the world's most famous social network, has become a billionaire. Thirty-year-old Hughes has seen his net worth nearly double since the end of last July, from an estimated US$950 million to US$1.6 billion today, as the value of Facebook's shares has soared. US$1.5 billion of his net worth is derived from Facebook stock and he also owns two apartments worth...

2012-08-26 10:01:45

April Flowers for redOrbit.com - Your Universe Online Facebook went public three months ago, with an IPO opening of $38 dollars a share, which has steadily fallen. The stock price reached an all time low Monday morning of $18.75. Investors and Wall Street are looking for some place to lay the blame for such a poor showing and Mark Zuckerberg, Facebook's founder and CEO, is the natural target. The 28 year old built Facebook from a Harvard University dorm-room project into a publicly...

Facebook Co-Founder Renounces US Citizenship For Tax Reasons
2012-05-13 03:56:55

One of the four co-founders of social networking website Facebook has renounced his US citizenship prior to the company's initial public offering (IPO) -- a move that could save him millions in taxes, according to a Friday report by Bloomberg's Danielle Kucera, Sanat Vallikappen and Christine Harper. As Kucera, Valikappen, and Harper first reported, Brazilian-born billionaire Eduardo Saverin, one of the men who helped Facebook CEO Mark Zuckerberg create the social media juggernaut, has...

2011-03-31 10:01:00

SAN FRANCISCO, March 31, 2011 /PRNewswire/ -- Qwiki, Inc. announced today that it has raised an additional $1 million in financing from Lightbank, the investment fund of Groupon co-founders Brad Keywell and Eric Lefkofsky. This brings the company's total amount raised to $10.5 million. Qwiki CEO and Founder, Doug Imbruce, says, "We are obviously excited to work with Eric and Brad. They have invaluable experience in building large-scale consumer facing Internet companies and the ability...

2011-03-10 10:52:55

Have you recently been added to a friends list of the world's top billionaires? Six of the founders and investors of social juggernaut Facebook have. Forbes published on Wednesday the latest list of billionaires and 6 of the newest members join an exclusive list of others made wealthy by the latest gold rush on the internet, Reuters is reporting. Facebook, conceived in a Harvard dorm room in 2004, famously began as an online directory for college students and quickly became the world's best...

2008-12-10 07:00:00

Funded by Facebook Co-Founder and Battery Ventures, new web site and Facebook App now available for last minute holiday gifts NEW YORK, Dec. 10 /PRNewswire/ -- Give Real (www.GiveReal.com) today launched both a destination website and its "Real Drinks" Facebook application (http://apps.facebook.com/realdrinks) that allow people to buy real drinks for friends, family, and colleagues anywhere in the country. Give Real offers a fun, creative and secure gifting alternative for the holiday...

2008-04-08 12:00:00

Facebook is touting its new "chat" feature this week, but there is one topic the Palo Alto-based Web firm prefers not to discuss: claims that founder Mark Zuckerberg absconded with the Facebook idea from former Harvard schoolmates. Facebook, through a spokeswoman, declined to comment Monday on a New York Times report which, citing an anonymous source, said the company was "finalizing a settlement" with founders of rival ConnectU. Meanwhile, attorneys for both Facebook and ConnectU on Monday...

Latest Eduardo Saverin Reference Libraries

Mark Zuckerberg
2013-08-21 06:38:05

Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and internet entrepreneur. He is best known as one of five co-founders of the social networking website Facebook. As of April 2013, Zuckerberg is the chairman and chief executive of Facebook, Inc., and in 2013 his personal wealth was estimated to be US $16.8 billion. Together with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes,...

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Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.