Home LifestyleLiving Facebook … if only

Facebook … if only



   $15,000 for 30%.

   Those were the terms that Eduardo Saverin and Mark Zuckerburg agreed to in 2003 when TheFacebook.com was being built in a Harvard dormroom.

   Had equity crowdfunding been legal back then, Zuckerburg would have instead needed only 150 of his earliest users to invest $100 each, which considering that equaled roughly one day of Harvard’s then $37,000 annual tuition, should have been a walk in the park.

   Even if those 150 investors had been diluted in later rounds – as Saverin was – that $100 initial investment would have been worth around $20 million when Facebook went public in 2012.

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Atlanta 100