Monday, March 21, 2011

Facebook Co-Founder Eduardo Saverin Dumps $500 Million Of Facebook Stock (Scuttlebutt)

Eduardo Saverin

We just heard the darndest thing:

We heard that Eduardo Saverin just sold $500 million of his Facebook stock on a private market.

Eduardo Saverin, you will recall, is the Facebook co-founder who was later tossed out of the company by Mark Zuckerberg and then shared his story (and grievances) with the author of the book that later became the hit movie "The Social Network."

If the stock-sale scuttlebutt is true--and we have been unable to confirm it--well done, Eduardo!

As we've often pointed out, all the folks who have said they've gotten screwed by Mark Zuckerberg over the years have ended up getting rich as a result (Eduardo, the Winklevoss brothers, etc.). So if Mark's looking for someone new to allegedly screw, we hereby volunteer.

By the way, Eduardo Saverin has done so well on his Facebook stock that $500 million is only a fraction of his holdings, which are now worth north of $2 billion.  And, more recently, Eduardo has been investing in other hot startups, like Qwiki.

The real Eduardo, a long, long time ago:

Eduardo Saverin

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