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  Forum Index - General Discussion - Zuckerberg and his ownership of facebook under question
Author Initial Thread
faceless105
Selfmade Modder

Joined: Jun 30, 2006
Posts: 4540
Post Subject: Zuckerberg and his ownership of facebook under question
Posted on: Apr 13, 2011

So I almost posted this in the news section, but it's something I read yesterday and don't have the links, but they're circulating right now so I'm sure you can find them easily enough.

Now I'll start by saying, as someone who is the exact same age as Zuckerberg, and not only works in the same profession, but programs in the same language, I follow facebook as a company pretty closely.

So to the main discussion topic, has anyone else heard about the latest lawsuit filed against Zuckerberg? This one claims that 50% of the companies ownership falls to someone else.

Actually, I just found the link, http://www.businessi.....evidence-2011-4?op=1

I'd love to hear what you guys think of this all

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bcmodder
BCModderator?

Joined: Aug 8, 2006
Posts: 1488
Post Subject: subject
Posted on: Apr 14, 2011


well I didn't read every single detail past the article but after reading the article and information it did give I personally find it hard to believe that the owner of face book would go as far as to screw someone in a manor that would potentially come back to bite him on the ass big time costing him hundreds of millions of dollars, at the same time if the contract is legit I could see it being that perhaps zuckerberg screwed him at the time cause he figured it probably wouldn't be such a big hit like it is today.

however then theres ceglia's record that pulls everything he puts forward into question. then there was the statement that they had to question and lean towards the legitimacy of the new evidence due to the law firm being larger, I mean I don't see a large law firm being willing to put forward fraudulent evidence I get that, however that doesn't necessarily mean it is legitimate either.

Which is where this scenario comes in, if the evidence can't seemingly be proven as false or legitimate the lawfirm would take his case as even if he loses they still get paid and don't get dinged for bad evidence and if they do win well it's win win they get a bigger payment from ceglia *unless he screws them which I wouldn't want to be him in that case*.

As for a final touch of my personal opinion, they're probably both lying cheapskates, businesses tend to be built upon the backs of others and often involve use of the corporate version of tax time.


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faceless105
Selfmade Modder

Joined: Jun 30, 2006
Posts: 4540
Post Subject: subject
Posted on: Apr 14, 2011


From everything I've been reading about zuckerberg, and it's a lot, lol. I don't think it's legit. With reading to all the extent he's going through to keep himself in a majority control of facebook, I don't think he'd so quickly hand over half of facebook, even before it was created.

But yeah, seeing as the guy has a criminal record for fraud, and he waited 7 years before testifying, and there are no financial records... I really doubt they're real. I think in this case, the bigger law firm took the case in hopes of a huge settlement.


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bcmodder
BCModderator?

Joined: Aug 8, 2006
Posts: 1488
Post Subject: subject
Posted on: Apr 14, 2011


yea that's pretty much how I'm seeing it myself, I mean Ive seen what can happen already when you do something like hand half of your company over to another party, my dad has a contracting business and like a dumb ass let his brother get his way and have half ownership and now is trying to screw my dad over because of it. thats family so yea I doubt zuckerberg would have handed over half of his company before it's creation to a virtual stranger.


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faceless105
Selfmade Modder

Joined: Jun 30, 2006
Posts: 4540
Post Subject: subject
Posted on: Apr 14, 2011


it'll be interesting to see how it plays out though. 7 years is a long time to prove anything either way, so odds are facebook will just settle out of court, but if they can prove it, can't they file a counter suit? lol it'd be a great case to really send a message to anyone else who wants to try and pull that move.


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bcmodder
BCModderator?

Joined: Aug 8, 2006
Posts: 1488
Post Subject: subject
Posted on: Apr 14, 2011


yea lol not much catches my interest in the way of most online media but this is one I gotta see.


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