Eduardo Saverin: The Facebook Co-Founder
Eduardo Saverin, the co-founder of Facebook, is in talks to raise $500 million for a venture capital fund. The fund, which is yet to be named, will focus on early-stage investments in technology companies.
Saverin, who is now a Singapore-based investor, is a Brazilian-born entrepreneur. He co-founded Facebook with Mark Zuckerberg in 2004. He was the company’s first chief financial officer and business manager.
Saverin’s Early Life
Saverin was born in São Paulo, Brazil, in 1982. He moved to the United States in 1992 and attended Harvard University, where he studied economics. He met Zuckerberg in 2003 and the two became friends.
In 2004, Saverin and Zuckerberg co-founded Facebook. Saverin was the company’s first chief financial officer and business manager. He was responsible for setting up the company’s first office in Palo Alto, California.
Saverin’s Departure from Facebook
In 2009, Saverin left Facebook and moved to Singapore. He had a falling out with Zuckerberg over the company’s direction. He sold most of his shares in the company and received a settlement of $450 million.
Saverin’s Investment Career
Since leaving Facebook, Saverin has become an active investor. He has invested in a number of technology companies, including Jumio, Qwiki, and ShopSavvy. He has also invested in real estate and venture capital funds.
In 2013, Saverin co-founded B Capital Group, a venture capital firm that invests in early-stage technology companies. The firm has offices in San Francisco, Singapore, and New York.
Saverin’s Latest Venture
Saverin is now in talks to raise $500 million for a new venture capital fund. The fund will focus on early-stage investments in technology companies.
The fund is expected to be launched in the next few months. It will be managed by Saverin and a team of experienced venture capitalists.
Saverin’s Impact on the Tech Industry
Saverin has had a major impact on the tech industry. He was one of the first investors in Facebook and has since become a major investor in a number of technology companies.
He has also become a mentor to many entrepreneurs and has helped launch a number of successful startups. His latest venture, the $500 million venture capital fund, is expected to have a major impact on the tech industry.
Saverin’s Philanthropic Efforts
Saverin is also an active philanthropist. He has donated millions of dollars to charities and causes around the world. He has also founded a number of philanthropic initiatives, including the Saverin Foundation, which focuses on education and healthcare.
The Future of Saverin’s Investment Career
Saverin’s latest venture is expected to be a major success. He has a proven track record of investing in successful technology companies and his new fund is expected to have a major impact on the tech industry.
Saverin is also expected to continue his philanthropic efforts. He has already made a major impact on the world and is expected to continue to do so in the future.