КОМЕНТАРІ •

  • @okas425
    @okas425 4 роки тому +424

    The people behind Zuck look like the monopoly guy from the board game

    • @shubham2076
      @shubham2076 4 роки тому +6

      Jp morgan

    • @danceworld3376
      @danceworld3376 4 роки тому

      I thought the same.😂😂😂

    • @82youngswagg
      @82youngswagg 4 роки тому

      LMFAOOOOO

    • @michaeldavis818
      @michaeldavis818 4 роки тому

      𝐏𝐡𝐲𝐧𝐱 𝐬𝐲𝐧𝐜 𝐟𝐥𝐲𝐬𝐜𝐡 𝐬𝐩𝐫𝐲𝐥𝐲 𝐛𝐲 𝐬𝐲𝐥𝐩𝐡 𝐥𝐲𝐦𝐩𝐡𝐬 𝐜𝐫𝐲 𝐧𝐲𝐦𝐩𝐡
      𝐩𝐬𝐲𝐜𝐡 𝐦𝐲𝐜𝐬 𝐭𝐫𝐲 𝐜𝐫𝐲𝐩𝐭𝐬 𝐰𝐫𝐲 𝐬𝐜𝐫𝐲 𝐬𝐩𝐲 𝐡𝐲𝐦𝐞

    • @vascinx3174
      @vascinx3174 3 роки тому +1

      @@shubham2076 Yeah

  • @elle5428
    @elle5428 4 роки тому +205

    I’ve never seen him this happy

    • @octaviusgalacticus2253
      @octaviusgalacticus2253 4 роки тому +46

      He downloaded "emotion exe" into his harddrive

    • @dinzz8657
      @dinzz8657 4 роки тому +4

      @@octaviusgalacticus2253 lol

    • @-lakshya7288
      @-lakshya7288 3 роки тому +2

      @@octaviusgalacticus2253 I'm dead 🤣

  • @aimanilham2787
    @aimanilham2787 4 роки тому +246

    17:22 you came for this

  • @sandeephey
    @sandeephey 4 роки тому +307

    People who say mark stole the fb idea, I mean everyone has brilliant ideas in their minds. But only some are brave enough to make it real and that was him. I think he deserves it

    • @theodorus956
      @theodorus956 3 роки тому +31

      He does ofc. Ideas are nothing without actualization

    • @paulllama1744
      @paulllama1744 3 роки тому +8

      @@theodorus956 yeah, I hate this mindset that most non-founders have that finding a good idea is all it takes to launch a successful company.

    • @Ethan-wk7lo
      @Ethan-wk7lo 2 роки тому

      All day he deserves it but you mistakenly said only some are brave enough, instead of, only some have a coke dealer who supplies pure product 😂

    • @lowg9364
      @lowg9364 2 роки тому

      I mean, that's what you get for trying to hire a "friend" (Lizard) as your coder for the grand idea.

    • @AaAa-rn6tp
      @AaAa-rn6tp 2 роки тому +2

      What do you think what the three of them doing?
      They were working on it.
      Mark cheated them.

  • @abdulhaseebmuslim5662
    @abdulhaseebmuslim5662 5 років тому +294

    This speech emotionally blackmailed me to become Successful.🙂

  • @blazingamr
    @blazingamr 4 роки тому +102

    I never imagined that I will ever witness such a brilliant mind go very emotional. This speech is simply historical.

  • @qinger-zh9yw
    @qinger-zh9yw 5 років тому +134

    To all the haters, when you have reached Mark Zuckerberg's level of dedication to something then you can trash talk him. Seriously, this guy is actually genuinely trying to make a difference in what he believes is the right way and you are just sitting there passively watching and hating on him while YOU could be making a difference.

    • @rudyardwalker9113
      @rudyardwalker9113 3 роки тому +3

      Sadly the mindset of haters prevents them from doing anything other than being bitter. Unfortunately they'll spend their entire lives hating on a person who doesn't even know they exist and their hate will have no bearing on his life.

  • @gracebear
    @gracebear 7 років тому +125

    "May the source of strength, who blessed the ones before us, help us *find the courage* to make our lives a blessing." Love it!

    • @denariuswright8284
      @denariuswright8284 4 роки тому +1

      Thank you Grace. I wish you a lifetime of purposeful success 🙏🏽

    • @giovanameireles4576
      @giovanameireles4576 4 роки тому

      Yes, an amazing phrase

    • @princehamdan6829
      @princehamdan6829 3 роки тому

      Hello dear how are you doing today and how is everyone around

    • @emirceman
      @emirceman 6 місяців тому

      students should try harder

  • @Smullet90
    @Smullet90 6 років тому +75

    "I'm not here to give the standard commencement..."
    - Every basic commencement address

  • @BrainChild711
    @BrainChild711 5 років тому +135

    nothing says i'm rich and evil like a top hat haha

    • @ro_ro22
      @ro_ro22 4 роки тому +3

      Lol true

    • @joeambrose3260
      @joeambrose3260 4 роки тому

      I think that's the guy who's in Penn
      on groundhog day

  • @VikashKumar-en7mo
    @VikashKumar-en7mo Рік тому +14

    Genuinely as a 22 year old , i am touched by the speech to move ahead on a strong note ,love of honour to you from India .

  • @KHMilh
    @KHMilh 7 років тому +135

    He makes so many great points - whatever you think of his past, he does at least seem to sincerely care about systemic inequality, and has good ideas about how to address it.

  • @elperroreggae
    @elperroreggae 5 років тому +153

    14:20 be prepared to be misunderstood

    • @MajorBall
      @MajorBall 3 роки тому +1

      Thanks for that 🤦🏽‍♂️

    • @Adnan-mk5gt
      @Adnan-mk5gt 3 роки тому +1

      Thank you sir for that

    • @zes3813
      @zes3813 3 роки тому

      wrgg

    • @FinitoBoxing
      @FinitoBoxing 6 місяців тому

      Thank you literally

  • @stevencyronuada5919
    @stevencyronuada5919 6 років тому +147

    I really love this speech.. a man who worked not just for his life and dreams but also for the whole generation.
    I don't have the time to bash him and blame him for what he did wrong, but to praise him for the things he got right and he continuosly do right.
    I'm also not perfect, maybe even worse than him so why speak bad when not even a single good thing will result from it? I mean we are lucky enough to have a man like him brave enough to face the world.
    What we say bad about him proves who we are. He is inspirational, let us use that instead. He is one of the few who was born to let us see the wider horizon.

    • @rudyardwalker9113
      @rudyardwalker9113 3 роки тому +7

      Great comment. Some people here have only come to hate on him for his success which is rather sad.

    • @stevencyronuada5919
      @stevencyronuada5919 3 роки тому +2

      @@rudyardwalker9113 Thank you

    • @zeddythehead
      @zeddythehead 2 роки тому +1

      We love Mark and we love FACEBOOK!

  • @khoaprod
    @khoaprod 4 роки тому +61

    damn how many hours of speeches did they feed him, this is the most advanced neural network I’ve seen yet

    • @sujiththycattussery
      @sujiththycattussery 4 роки тому +1

      😆

    • @pianoman551000
      @pianoman551000 4 роки тому +1

      This address by Zuckerberg was definitely rehearsed with a team of acting/speech coaches at his side for weeks!

    • @howardrobinson4938
      @howardrobinson4938 3 роки тому

      @@pianoman551000 Ok

    • @howardrobinson4938
      @howardrobinson4938 3 роки тому

      Oh sheesh.

    • @bjorn1900
      @bjorn1900 2 роки тому

      How smart of you to only hink of this after hearing him talk.... you must have an obese brain...

  • @YourChannelOnYouTube
    @YourChannelOnYouTube 7 років тому +203

    BEST SPEECH EVER! But most people in the world don't the skills or intelligence to follow and are controlled by their emotions instead of logic.

    • @manosriram
      @manosriram 6 років тому +3

      true..

    • @manosmarkakis9393
      @manosmarkakis9393 5 років тому +16

      emotional intelligence is more important and more human than logic

    • @RedRag684
      @RedRag684 5 років тому +11

      Best speech ever?! Do you not know anyone?

    • @kevinpembrook2120
      @kevinpembrook2120 5 років тому +1

      LIKE THE REST OF THE DUMB SHITS YOU THINK THIS THIEF/FACIST IS GREAT.......WAIT TIL HE FUCKS YOUR FREEDOM

    • @shriganesha7185
      @shriganesha7185 5 років тому

      you nailed it

  • @nikhiljampana9411
    @nikhiljampana9411 7 років тому +139

    I don't get all these negative comments...he is genuinely trying to make the world a better place.

    • @mynameislove7605
      @mynameislove7605 7 років тому +10

      Nikhil Jampana a better place with a microchip in your brain to control everything you do??
      Google search it. He invested 50 million to try and make everyone his little puppet and the government's.

    • @nikhiljampana9411
      @nikhiljampana9411 7 років тому +12

      smh it's not to make everyone his pawns...it has medical implications (i.e. people with paralysis to be able to "think" their prosthetic arms into movement)

    • @mynameislove7605
      @mynameislove7605 7 років тому +5

      Nikhil Jampana sounds good but then hes going to let the government try it for their agenda.

    • @simonhhh100
      @simonhhh100 6 років тому +8

      Mark Zuckerberg is a complete asshole....if you don't get it...your a lizard as well

    • @lewisvincent3070
      @lewisvincent3070 6 років тому +2

      strongly recommend you research the arguments against communism. I watched this when it first came out and agreed with almost everything he said, not understanding the implications of such things. I just watched it back for the first time since doing some learning and I must say, him and his ideology are extremely dangerous. Also, read 1984.

  • @luckyc336
    @luckyc336 7 років тому +61

    Wow mark actually seems like a really great guy. Great speech

    • @NazriB
      @NazriB 2 роки тому

      Lies again? Handsome Americans

  • @nikhilanand8153
    @nikhilanand8153 3 роки тому +9

    This is the best ever speech i have ever listened .... That one quotes.... ideas don't came up fully formed up ,its just made clear as you work on them......

  • @ezylyric
    @ezylyric 4 роки тому +32

    Bless this man, i really respect for this man, he puts up with alot, we need to remember he is human, and he is a very kind man

  • @SwordCurseTv
    @SwordCurseTv 4 роки тому +10

    highlights:
    13:30 No one knows when they begin,
    ideas dont come out fully formed, they only become clear as you work on them. You just have to get started.
    17:22 Freedom to fail

  • @imanpeera2513
    @imanpeera2513 7 років тому +22

    "Yes, giving everyone the freedom to pursue purpose isn't going to be free...people like me are going to pay for it." my fav part #UBI

    • @stevejussen7627
      @stevejussen7627 6 років тому

      As long as he pays for his little social experiment and it doesn't come out of our tax dollars.

  • @questioneverything2469
    @questioneverything2469 4 роки тому +8

    Ha robot you've got to be kidding me, this guy is more human than any of us will ever be.

  • @classcure9769
    @classcure9769 4 роки тому +13

    The greatest succes comes from having the freedom to fail...❤❤

  • @jadenhernandez5109
    @jadenhernandez5109 4 роки тому +27

    zuck: **comes back to the stand** also, im not a lizard nor a robot

  • @ErenBombenleger
    @ErenBombenleger 4 роки тому +14

    We had to analyse this speech in an exam

  • @ShawnLH88
    @ShawnLH88 7 років тому +133

    whats with all the top hats? is harvard stuck in the 19th century for dead fashion?

    • @dr.shubhamchaudhari8008
      @dr.shubhamchaudhari8008 5 років тому +8

      Shawn Harvard was founded in 17 th century . What do you wanna say ? 😂😂😂

    • @byzantinegold
      @byzantinegold 5 років тому +6

      Its because they're capitalists.

    • @kevinpembrook2120
      @kevinpembrook2120 5 років тому

      THE HATS ARE THE HEAD DICKHEADS

    • @metrikal1
      @metrikal1 5 років тому +3

      Monopoly man is so hot right now

    • @yoloswag6404
      @yoloswag6404 5 років тому +2

      Nicholas Bartlett what do you mean?

  • @satboiitouthangyou-tube2247
    @satboiitouthangyou-tube2247 4 роки тому +6

    7:10 humble precilla love you.
    Sir mark thnks fr the valuable Inspirational words.
    Anyone watching during covid 19 lockdown ❓

  • @qiushizhang9681
    @qiushizhang9681 4 роки тому +24

    thanks Dr. Zuckerberg, your speech really helped me walk out of self-criticisms and self-doubt and become fully engaged and motivated toward a bright future for humanity. " great success comes from the freedom to fail" I will use my resources and empower people who need them to implement their big ideas.

  • @sanjuvpaulose892
    @sanjuvpaulose892 7 місяців тому

    13:33 " Ideas don't come out fully formed...they only become clear as you work on them
    YOU JUST HAVE TO GET STARTED "

  • @abhinavabhinav5795
    @abhinavabhinav5795 2 роки тому +3

    Really could relate to everything he said. Some of things were truly meaningful.
    Felt proud to be millennial

  • @ElninoDprince1
    @ElninoDprince1 2 роки тому +2

    I watched this video at least once every month
    I always feel motivated

  • @pak61
    @pak61 7 років тому +42

    Nice to see the lady falling asleep was replaced thru a new camera angle with monopoly dude in top hat.

    • @coreydevs
      @coreydevs 3 роки тому

      4 years later and I’m here to say I’m glad someone else noticed

  • @FinitoBoxing
    @FinitoBoxing 6 місяців тому +1

    “You should too”

  • @kunaljadhav5518
    @kunaljadhav5518 3 роки тому +9

    Dr Mark Zuckerberg speech indeed one of the best commencement speech in harvard at the end he just cried so did I . god bless you mark

  • @teddy9267
    @teddy9267 7 років тому +17

    we all have a lot to learn from this guy. What's up with all the hateful comments? Most people can't even run lemonade stand but all the sudden they are expert on how he got to where he is. Sad!! why can't we just admire successful guy who created billions out of thin air and connected so many people?

    • @dimitriosfreedom9282
      @dimitriosfreedom9282 6 років тому

      Tadi Yimamu are you for real? People were connected long before Facebook was invented. Do you know what a telephone is?

    • @lewisvincent3070
      @lewisvincent3070 6 років тому

      I strongly recommend you research the arguments against communism. I watched this when it first came out and agreed with almost everything he said, not understanding the implications of such things. I just watched it back for the first time since doing some learning and I must say, him and his ideology are extremely dangerous.

    • @lewisvincent3070
      @lewisvincent3070 6 років тому

      Also, read 1984 by George Orwell

    • @jesse8633
      @jesse8633 6 років тому

      Dimitrios Freedom backward conservative...

  • @dracothedraconian7486
    @dracothedraconian7486 7 років тому +3

    Facebook is just a big sign saying "Your advert here". No adverts, no Facebook!

  • @vishalcful
    @vishalcful 7 років тому +8

    Mark, if you are reading this...I created the first facebook like project when I was 18. At that time PHP was not even a field yet but I coded that using ASP which was a microsoft proprietary language. I made it and managed to connect like a 100 users these were my friends, my cousins and mostly my relatives. At that time internet was not even being used like today in my country. I tried so hard to show my project to people and was also looking for funding to make this project known and use it as a communication medium. My bad luck was that I didn't had the right coaching and out of the blues one day I gave my entire source code to a guy in India who promised me he would helped me financially so that I could buy a computer, but he just vanished. I was frustrated and gave everything up and started learning the deep web instead. I don't feel jealous while looking at you today how respected you are in your own society but I feel jealous of your surroundings, why didn't I had the same opportunity like yours, why didn't I had people who could have understood me and see what my sense of purpose was.
    When I see facebook today I see it like its is my own project. And I am so proud to see how this concept has changed the way people are communicating today. It has brought freedom, it has brought openness. Thank you Mark.

    • @Multiverse_is_real
      @Multiverse_is_real 4 роки тому

      Didn't you hear the concept of luck??? Not everyone will be able to acomplish their ideas to reality. Some would but the others wouldn’t be able to do so

    • @gameingwithaleenanaseer2902
      @gameingwithaleenanaseer2902 3 роки тому +1

      Woah man. You are so cool. I don't even know what to say bro ...i think you should start working on your other ideas as might be a genius. You'll reign. Good luck man.

  • @hellelo.5840
    @hellelo.5840 4 роки тому +8

    Its hurting a lot of people seeing Mark get better at interaction and speech delivery + financial success. And I am happy for them.

  • @ilabuddy
    @ilabuddy 3 роки тому +4

    You're rich if you have someone that cries in the audience for you when you're giving a speech up there.

  • @lanylany2799
    @lanylany2799 7 років тому +7

    just see mark speech iam happy have facebòok for remember past my life going on.n can see my all family in overseas.Thanks again Mark hooe you always Goodluck n healthy n happy family

  •  7 років тому +105

    I've never felt the need to 'connect' with people, Mark.

    • @jn846
      @jn846 7 років тому +27

      but you just did, by making this post you connected to lots of people. Maybe you have interesting things to share. Once you get the hang of it it's not so bad :)

    •  7 років тому +2

      jn846 thanks for your kind words, bro.

    • @AStarIsBornThisWay
      @AStarIsBornThisWay 7 років тому

      Then she didn’t do it well

    • @mindtraveler4245
      @mindtraveler4245 7 років тому

      fuck you

    • @simonhhh100
      @simonhhh100 6 років тому

      Mark Zuckerberg is a complete asshole

  • @samyeh5083
    @samyeh5083 7 років тому +21

    no one see the lady back there??
    sleeping??

  • @rickbarkley986
    @rickbarkley986 7 років тому +10

    wow....so many negative comments....I thought it was a good speech. Motivational!

  • @DrunkardTV
    @DrunkardTV 7 років тому +24

    "Ladies and gentiles."

  • @yehastud
    @yehastud 7 років тому +119

    I don't see any tears coming down from Zuck's eyes during his rehearsed cry. Dude tries his hardest to be likable and charismatic but nothing seems natural.

  • @GamerbyDesign
    @GamerbyDesign 7 років тому +25

    I don't see why all the hate. He may have stolen the idea but would the original creators made it as big as he did?

    • @tidegoesin_tidegoesout
      @tidegoesin_tidegoesout 6 років тому +12

      It's easy to explain: jealousy. People are jealous of Mark's success and their own lack of success

  • @anandpandey6862
    @anandpandey6862 2 місяці тому

    00:02 Mark Zuckerberg's gratitude and admiration for his alumni and their impactful initiatives.
    03:59 Memories of getting into Harvard
    06:48 Creating a world where everyone has a sense of purpose
    09:40 Facing adversity and doubt while building Facebook
    12:12 Create a world where everyone has a sense of purpose
    14:52 Take initiative and tackle big, meaningful projects for progress and purpose.
    17:33 The importance of freedom to fail for success
    20:13 Advocacy for universal basic income and affordable childcare.
    22:50 Supporting first-generation college students
    25:33 Pandemics progress requires global unity in an unstable time.
    28:24 Creating purposeful communities for global change
    31:34 Overcoming adversity with a greater sense of purpose

  • @nanda5781
    @nanda5781 5 років тому +11

    "I'm helping to put a man on the moon"

  • @QiuyuanChenRyan916
    @QiuyuanChenRyan916 3 роки тому +1

    Forget about the friendship for a second. When they were launching Facebook, they are business partners to each other. In the world of business, there is no true friend, only benefits tied all party together. If a business partner can't generate profit for an idea to go along, what is the value of keeping this partnership with you?

  • @nejamediarobertreich5125
    @nejamediarobertreich5125 7 років тому +16

    0:29, the lady behind fall a sleep :)

  • @Magerquark
    @Magerquark 5 місяців тому

    I'm happy to actually have found this speech on Tiktok somehow. People have been judging this man a lot in the past and I bet not a single person has ever seen this speech

  • @AusafJalal1
    @AusafJalal1 4 роки тому +7

    He is nothing like like how Jesse Eisenberg portrayed him. His smile is creepy but he is putting alot of effort in it

    • @lordloaf7631
      @lordloaf7631 4 роки тому +2

      this is also 2017 after leading a global social network site for over a deck, a younger man is probably a lot less polished

  • @allanmain5666
    @allanmain5666 7 років тому +2

    Taking money from someone who worked for it is immoral.
    giving it to some who does not want to work is immoral.
    Robbing someone of their opportunity to become productive and self sufficient is immoral.

  • @alvinkonda
    @alvinkonda 7 років тому +10

    Why so hate on Mark? He is a cool guy

    • @stevejussen7627
      @stevejussen7627 6 років тому

      I guess that depends on your definition of cool.

  • @punisher00109
    @punisher00109 7 років тому +3

    Is zuck the most socially awkward ceo of all time?

  • @FinitoBoxing
    @FinitoBoxing 6 місяців тому +1

    I think those big companies could employ use capital to solve those issues. We need to get to their level first and then talk about diagnosing and curing those issues. Bill Gates should have encouraged us to build our purpose and execute our ideas and then get into world health issues. I’m going to do just that. Good job Mark Zuckerberg in speaking in mind and been more holistic.

  • @Senniemiec
    @Senniemiec 7 років тому +11

    Every time I read the comments my head explodes. Some of the stupidest shit I've ever read.

    • @tallboarder
      @tallboarder 7 років тому

      Most stupid is the superlative form of the word stupid because it's a two-syllable word that ends with a 'd'.

  • @RahulJain-fuzzy
    @RahulJain-fuzzy 4 роки тому

    I swear I saw a Congresswomen sitting silently in audience taking notes and smiling. Thumps up if you saw her too

  • @felicitymercado
    @felicitymercado 5 років тому +16

    17:22 ❤️

  • @punnaroothsrimongkolsilp6279
    @punnaroothsrimongkolsilp6279 4 роки тому +1

    Thank you.

  • @quinto190
    @quinto190 7 років тому +6

    Great speech! And another entrepreneur who is in favor of universal basic income.

  • @samotivationbysami
    @samotivationbysami Рік тому

    2002 : Mark gets accepted into Harvard
    2022 : Harvard accepts Mark's terms and conditions

  • @vermandamn5710
    @vermandamn5710 6 років тому +3

    This guy is amazing look up to him give him hate all you want he is right all the way

  • @atrumviscus5439
    @atrumviscus5439 7 років тому +1

    Look how awkward the rich guys in the back look, theyre like "Give up my money and time? Never!"

  • @dragonboy718
    @dragonboy718 7 років тому +6

    HER PARENTS MUST BE VERY HAPPY

  • @salvadorkoehler4619
    @salvadorkoehler4619 5 років тому +1

    He did not steal it from anybody. It’s not because you created a nice chair that you copied everyone who ever made a chair.

  • @kimberlypreston8482
    @kimberlypreston8482 7 років тому +3

    So basically Mark is saying he is a billionaire but us middle class people, most of America, should be ashamed of ourselves because we earn money. Screw him.

  • @Juan84621
    @Juan84621 2 роки тому +1

    Little does he know he's my son

  • @enemy8854
    @enemy8854 7 років тому +6

    Yes please mark, please give us all free money... because that doesn't kill incentive to progress at all..

  • @user-zh5ly2xz7s
    @user-zh5ly2xz7s 4 роки тому +2

    1) 2:35 ~ 7:30
    2) 7:35 ~ 12:47
    3) 12:47~ 16:35

  • @space4climate_org
    @space4climate_org 5 років тому +8

    Wow! Mark makes some good points! It touches my soul!!!
    OK, I admit it: I'm totally in tears! Wowie, what a speech!
    I though Steve Jobs speech was amazing.... till I saw this!
    Why hasn't this gone viral????? It's HUGE! It's GREAT!

  • @riverw007
    @riverw007 7 років тому +2

    I liked this speech better when the joker did it in 1989s Batman movie. "Money money money hubba hubba hubba, Who can you trust? I'm giving away free money!"

  • @tianocris4074
    @tianocris4074 6 років тому +7

    And why people call him "Lizard", sounds like you are very handsome

  • @Prakashkumar-kn4gk
    @Prakashkumar-kn4gk 2 роки тому +1

    We did it...the entire world is connected...

  • @newtubefrog
    @newtubefrog 6 років тому +3

    Commencement crowd reminds me of Capitol crowd from the Hunger Games movie. 🤔😉

  • @AminiCishugiVLOG
    @AminiCishugiVLOG Рік тому

    My all time best commencement 🙏🏻

  • @DeHirvilammi
    @DeHirvilammi 7 років тому +62

    LOL HE STOLE FACEBOOK FROM FRIENDS AT SCHOOL. AND NOT RIGHT THIEF

    • @kevinshen
      @kevinshen 7 років тому

      And maybe you're just bad.

    • @technoquix9451
      @technoquix9451 7 років тому +1

      SYDNEY HIRVILAMMI he did not stole fb from friend but u research and then come back it was just a idea and he modified that idea and created fb without using their single coding line

    • @DeHirvilammi
      @DeHirvilammi 7 років тому

      THEN WHY COURT CASE AN CLOSED AMOUNT

    • @DeHirvilammi
      @DeHirvilammi 7 років тому

      EXCLUSIVE: How Mark Zuckerberg Booted His Co-Founder Out Of The Company
      Nicholas Carlson
      May 15, 2012, 11:19 AM 647,475
      FACEBOOK
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      TWITTER
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      Mark Zuckerberg
      Cattias Photos
      Ahead of Facebook's $15 billion IPO later this week, Billionaire Facebook co-founder Eduardo Saverin has renounced his US citizenship in order to avoid a boatload of taxes.
      One reason this is possible: Saverin no longer works at Facebook.
      He hasn't since 2005, when CEO Mark Zuckerberg diluted Saverin's stake in Facebook and then booted him from the company.
      Saverin's exit from Facebook was the central plot of "The Social Network."
      Maybe you remember this scene?
      "The Social Network" is a work of fiction, of course. But it's based on a true story.
      This is that story.
      This is the story of how Saverin got so angry at Zuckerberg-how, from Saverin's perspective, Zuckerberg screwed him out of a huge chunk of Facebook stock.
      It's also the story of how Zuckerberg solved an early problem at Facebook, one that could have potentially prevented the company from becoming the global behemoth it is today.
      The story is sourced from people involved in the founding year of Facebook, people close to Facebook, and documents viewed by Business Insider. It is an update to a previous story of ours, which included previously unpublished emails and instant messages between Mark Zuckerberg and early Facebook colleagues and confidants. This new version includes new material: Previously unpublished email correspondence between Zuckerberg and Facebook's early lawyers.
      Eduardo Saverin
      Eduardo Saverin
      "A sucker born every day."
      In late 2003, Harvard sophomore Mark Zuckerberg asked a Harvard student named Eduardo Saverin, a junior, to deposit $15,000 in a bank account that would be accessible to both of them. The money, Mark promised, would go toward the servers needed to host a site that Mark wanted to develop. The site would be called TheFacebook.com. Eduardo agreed.
      Why did Zuckerberg choose Saverin to be his first business partner?
      Zuckerberg, Facebook, and Saverin declined interview requests for this story, but we can infer some of Zuckerberg's thinking from instant messages he wrote during the time.
      In one IM to a friend, Zuckerberg described his new partner, Saverin, as the "head of the investment society." Saverin was rich, Zuckerberg went on to say, because "apparently insider trading isn't illegal in Brazil."
      Zuckerberg also partnered with Saverin because Saverin gave the impression he knew something about business. Saverin was the kind of guy who wore suits to class at Harvard, and he left people-including Zuckerberg-with the impression that he was connected to the Brazilian mafia.
      In another IM conversation, this one from January 8, 2004, Mark described the arrangement this way:
      Zuckerberg: Eduardo is paying for my servers.
      Friend: A sucker born every day.
      Zuckerberg: Nah, he thinks it will make money.
      Friend: What do you think?
      Zuckerberg: Well I don't know business stuff
      Zuckerberg: I'm content to make something cool.
      So Zuckerberg appears to have approached Saverin because Saverin had money and a vision for how to make more of it. Zuckerberg, meanwhile, wanted to "make something cool."
      With Saverin's money paying for the servers, TheFacebook.com went live in February 2004. It was an instant sensation at Harvard. Students from other schools quickly clamored for the site's expansion, and Mark and his colleagues obliged.
      By April, the site was doing so well that Zuckerberg, Saverin, and a third Harvard sophomore named Dustin Muskovitz formed The Facebook as a limited-liability company (LLC) under Florida law. Two months later, on June 10, 2004, a Harvard commencement speaker mentioned the amazing popularity of thefacebook.com.
      It was the high point in the relationship between the cofounders. Things quickly went south from there.
      Eduardo Saverin
      Eduardo Saverin
      "I maintain that he fucked himself"
      Six months after thefacebook.com launched, as the summer of 2004 began, Zuckerberg and Moskovitz moved to Palo Alto, California where they planned to work on TheFacebook.com in a rented house. Saverin went to New York for an internship at Lehman Brothers.
      According to instant messages from this period, before Zuckerberg left for the West Coast, he asked Saverin to work on three things: "to set up the company, get funding, and make a business model."
      Almost immediately after the move, the relationship between cofounders began to fray.
      At first, it was just a cultural divide. One awkward IM exchange reveals how different Zuckerberg's life in Palo Alto was compared to Saverin's life back on the East Coast:
      Saverin: So you guys go out a lot to partiens [sic] and such there?
      Zuckerberg: But in general we don't do fun things.
      Zuckerberg: But that's OK because the business is fun.
      Saverin: Lol yeah it is fun. No fun things though?
      Zuckerberg: Eh, enough.
      But then Saverin did something that really pissed Zuckerberg off: He ran unauthorized ads on Facebook.
      Worse, the ads were for a startup Saverin was running entirely on his own, a job boards site called Joboozle.
      Zuckerberg blasted Saverin for this in an email:
      You developed Joboozle knowing that at some point Facebook would probably want to do something with jobs. This was pretty surprising to us, because you basically made something on the side that will end up competing with Facebook and that's pretty bad by itself. But putting ads up on Facebook to advertise it, especially for free, is just mean.
      What finally ruined the relationship between Saverin and Zuckerberg for good was Facebook's need for funding.
      As that first summer went on and TheFacebook.com grew more popular than anyone imagined, the company needed money to keep running. Finding investors wasn't hard. As early as July, Silicon Valley bigwigs like Mark Pincus, Reid Hoffman, and Peter Thiel were lining up to give Mark cash. Things were going so well, in fact, that Mark soon decided to commit to the company and not return to Harvard for his junior year.
      What was hard, however, was getting Facebook co-founder Saverin's attention, getting him to make a decision, and getting him to sign off on the reformation of Facebook as a company under Delaware law -a crucial step before any funding deals could be completed.
      At one point, Zuckerberg emailed Saverin to offer him frequent flyer miles if it would get him out to Palo Alto. Saverin didn't take the offer. The situation soon became critical, because without financing, TheFacebook.com would end up running on Zuckerberg family loans.
      Eventually, Zuckerberg decided to solve the problem by cutting Saverin out of the company.
      In an IM with Moskovitz, Zuckerberg explained why:
      I maintain that he fucked himself…He was supposed to set up the company, get funding, and make a business model. He failed at all three…Now that I'm not going back to Harvard I don't need to worry about getting beaten by Brazilian thugs.
      sean parker
      Sean ParkerEllis Hamburger, Business Insider
      "I'm just going to cut him out."
      When Zuckerberg and Moskovitz moved out to Palo Alto in June 2004, they ran into Sean Parker, an Internet startup kid best known for cofounding Napster. Parker soon joined TheFacebook.com.
      Parker's first task was to do one of things Saverin was supposed to do, but hadn't yet: help Facebook find money. Parker had raised money for Napster and he knew his way around Silicon Valley. He quickly proved himself capable. For Zuckerberg, this only reinforced the idea that Saverin was expendable.
      The only problem was: How would Zuckerberg cut Facebook's third-biggest stakeholder and co-founder out of the company?
      In an IM exchange with Parker after a meeting with Peter Thiel, who would soon become Facebook's first outside investor, Mark and Sean discussed the Saverin problem. Zuckerberg hinted at a hardball solution, one based on some "dirty tricks" used by Peter Thiel.
      Thiel had learned these tricks, Parker said, from one of the most legendary venture capitalists in the Valley, Michael Moritz of Sequoia. Sequoia has funded Google, Yahoo, PayPal, Zappos, and many other massive tech companies.
      Parker: Peter [Thiel] tried some dirty tricks. All that shit he does is like classic Moritz shit.
      Zuckerberg: Haha really?
      Parker: Only Moritz does it way better.
      Zuckerberg: That's weak.
      Parker: I bet he learned that from Mike.
      Zuckerberg: Well, now I learned it from him and I'll do it to Eduardo.
      In later emails and IMs, we learn what "dirty tricks" Zuckerberg intended to pull to get TheFacebook.com funding without having to wait for sign-off from Saverin.
      His plan: Reduce Saverin's stake in TheFacebook.com by creating a new company, a Delaware corporation, to acquire the old company (the Florida LLC formed in April), and then distribute new shares in the new company to everybody but Saverin. Mark discussed this plan with confidants over IM several times.
      Here's one instance:
      Confidant: How are you going to get around Eduardo?
      Zuckerberg: I'm going to buy the LLC
      Zuckerberg: And then give him less shares in the company that bought it
      Confidant: I'm not sure it's worth a potential lawsuit just to redistribute shares. You have nothing to gain.
      Zuckerberg: No I do because until I do this I need to run everything by Eduardo. After this I have control
      In another, Mark writes:

    • @DeHirvilammi
      @DeHirvilammi 7 років тому +1

      "Eduardo is refusing to co-operate at all…We basically now need to sign over our intellectual property to a new company and just take the lawsuit…I'm just going to cut him out and then settle with him. And he'll get something I'm sure, but he deserves something…He has to sign stuff for investments and he's lagging and I can't take the lag."
      Zuckerberg pulled the trigger, sending an email to his lawyer telling him to put the plan into effect.
      In this previously unpublished email, Zuckerberg writes of Saverin: "Is there a way to do this without making it painfully apparent to him that he's being diluted to 10%?"
      In response, Zuckerberg's lawyer issues a prescient warning:
      "As Eduardo is the only shareholder being diluted by the grants issuances there is substantial risk that he may claim the issuances, especially the ones to Dustin and Mark, but also to Sean, are a breach of fiduciary duty later on if not now. "
      The plan works
      In the middle of that summer, Zuckerberg's plan to oust his cofounder went off without a hitch.
      On July 29, 2004, the new company, TheFacebook.com was incorporated in Delaware. Then it acquired the old company, formed back in April as an LLC in Florida.
      On September 27, 2004, Peter Thiel formally acquired 9% of the new company with a convertible note worth $500,000. Before the transaction, Facebook ownership was divided between Zuckerberg, with 65%, Saverin, with 30%, and Moskovitz, with 5%. After the transaction, the new company was divided between Zuckerberg, with 40%, Saverin, with 24%, Moskovitz, with 16%, and Thiel with 9%. The rest, about 20%, went to an options pool for future employees. From there, a good chunk of equity went to Eduardo's replacement, TheFacebook.com's COO, Sean Parker.
      On October 31, 2004, Saverin signed a shareholder agreement that alloted him 3 million shares of common stock in the new company. In the agreement, he handed over all relevant intellectual property and turned over his voting rights to Mark Zuckerberg. Zuckerberg became Facebook's sole director.
      On January 7, 2005, Zuckerberg caused Facebook to issue 9 million shares of common stock in the new company. He took 3.3. million shares for himself and gave 2 million to Sean Parker and 2 million to Dustin Moskovitz. This share issuance instantly diluted Saverin's stake in the company from ~24% to below 10%.
      Mark's plan had succeeded. Eduardo was, for all intents and purposes, gone.
      Bringing down the house
      In a testament to how little Saverin was involved in Facebook's operations after Zuckerberg left Harvard, Saverin apparently only found out how badly he'd been diluted in April 2005, when TheFacebook.com sent him a letter seeking approval for its second formal round of funding.
      Fifteen days after that letter was sent from TheFacebook.com's one came back from Eduardo's lawyers. The next day, Zuckerberg finally fired Saverin.
      It was this moment in history that "The Social Network" attempted to capture in the scene we embedded at the start of this story.
      The lawsuits predictably followed.
      First, Facebook filed a lawsuit against Saverin, arguing that the stock-purchase agreements he had signed in October were invalid. Then Saverin sued Zuckerberg, alleging he spent Facebook's money (his money) on personal expenses over the summer.
      The jilted Saverin grew bitter. At one point, he reached out to Cameron Winklevoss, Tyler Winklevoss, and Divvya Narendra - the Harvard students who allege that Mark Zuckerberg stole their idea for the company in the first place.
      Eventually, sources say, Saverin decided to attack Zuckerberg's reputation.
      He approached Ben Mezrich-the author of Bringing Down The House, a book about how a group of MIT students made it big in Vegas-and offered him a book about how a group of Harvard students made it big in Silicon Valley. Bringing Down The House makes its characters out to be rock stars and scoundrels; the Facebook book, Accidental Billionaires, does the same.
      Then in 2010, Columbia Pictures made a movie based on the book. It features cocaine, models, and dark, moody, lighting from David Fincher, the director who brought you "Fight Club." It's a good flick. Because of its source material, it makes Saverin into more of a victim than he really was.
      After Saverin began talking to Mezrich, he and Facebook settled their lawsuits. Facebook went from officially denying Saverin's status as a cofounder to listing him as one on its Web site. As a part of the settlement, Saverin stopped talking to the press.
      Like the Winklevoss brothers, Eduardo Saverin clearly felt he got screwed by Mark Zuckerberg in Facebook's early days, and in one way, he did.
      We can tell from the previously unpublished letter included in this story that Zuckerberg didn't really want Saverin to notice his stake in Facebook was being diluted.
      But also like the Winklevosses, Saverin won huge in the end. Thanks to Zuckerberg and the rest of the Facebook team, Saverin's little $15,000 investment is now worth more than $4 billion, with no further effort from himself.
      Having renounced his US citizenship to avoid paying a boatload of taxes on his Facebook wealth, Saverin now resides in Singapore.

  • @viejochase
    @viejochase 6 років тому +1

    The moral of the story? If you want to be that successful drop out of Harvard.

  • @wittietube
    @wittietube 7 років тому +7

    MARX ZUCKERBERG

  • @senik64
    @senik64 5 років тому +1

    I wish there were more millionaires who have managed to stay humane and still care about something bigger than themselves.

    • @si4530
      @si4530 4 роки тому

      Haha if you think he cares about anything other than his money you are sadly mistaken.

  • @annpriddy7941
    @annpriddy7941 7 років тому +13

    What a total creep. Let him give away his billions of dollars. I could use some of it.

    • @taji821
      @taji821 3 роки тому

      He worked and still working hard with brain for his billions...and you just want to ask? you just have called him creep...

  • @sadiejosiemom
    @sadiejosiemom 7 років тому +2

    Watch the first episode of the Black Mirror on Netflix to see where this whole line of thinking is going.

    • @mortenolsen1111
      @mortenolsen1111 5 років тому

      Watch the Black Mirror episode called Smithereens 🤓

  • @GuitarZombie
    @GuitarZombie 7 років тому +44

    I would have walked out

  • @xPrinceTyTyx
    @xPrinceTyTyx 4 роки тому

    So we're all ignoring the fact that the college invited a dropout to give an alumni speach? 🤣

  • @abbysmother
    @abbysmother 7 років тому +10

    Call me naive. You may not agree with him but why all the hatred?

    • @drlisp123
      @drlisp123 6 років тому

      abbysmother his website is unbelievably intrusive, he sells every piece of information he can get his hands about you. and he censors non-communist political views.

    • @drlisp123
      @drlisp123 6 років тому

      Not to mention all the hubbub about social justice and "undocumented citizens"

  • @Tseringd.
    @Tseringd. 2 роки тому +2

    Love listening to his speech

  • @charlesdiaz4594
    @charlesdiaz4594 7 років тому +4

    everything was fine until he started. started talking about race and citizens of the world he went total sjw pn them smh

  • @sideshow4212
    @sideshow4212 6 років тому +2

    Is no one else gonna acknowledge top hat man and his dashing top hat

    • @howardrobinson4938
      @howardrobinson4938 3 роки тому

      And what about those expressions! He seems to be in on some great secret.

  • @toddroberts7886
    @toddroberts7886 7 років тому +4

    Boy, I sure like to be lectured by billionaires who made a fortune from unoriginal (stolen) ideas. Yes, I'm surely a primitive idiot for wanting to preserve my way of life.

    • @matthewjones1949
      @matthewjones1949 7 років тому +2

      Do you realise that an idea is worth nothing? Executing an idea is the hard part. All these people pointing out that he 'stole ideas' and therefore doesn't deserve his success have obviously never tried to achieve anything themselves.

    • @toddroberts7886
      @toddroberts7886 7 років тому

      I don't care about his success. What I care about are his *ideas*, and since his power and influence are the result of others' ideas (plus his skillful execution), I don't see any reason to cede my way of life to his inartful worldview (globalism).

    • @taji821
      @taji821 3 роки тому

      @@toddroberts7886 I bet u have facebook...

  • @shidhantamarma992
    @shidhantamarma992 4 роки тому +1

    priscilla chan mam thanks for support sir mark Zuckerberg love from my hearth

  • @jn846
    @jn846 7 років тому +3

    That was a great speech. the talk of being a Global Citizen parallels that of other great thinkers of our time who realize the conflicts and problems of our time are largely caused by fear, nationalism, religious ideology, politics and racism. We all share the same planet, breath the same air, and need food that is grown on the same soil. When we learn our true purpose and work cooperatively to achieve our goals we could solve so many of the world's problems. It's a shift of consciousness from the self or me to the us. Acting in a way to benefit all is a very old Taoist principle which is making a come back from a number of different sources. Think about making the world a better place to live for all. This was the essential message of his speech. I have to say I used to think he was just a nerdy guy who got lucky, while that may be partially true, this speech shows his is a true visionary of our time and he is certainly putting his money where his words are by providing funding to support the type of work he talks about. It's good to see he's not just another self-serving SOB out to make himself rich with no concern for others.

  • @jessecommentary
    @jessecommentary Рік тому

    Totally Worth it

  • @BrakeJiggs
    @BrakeJiggs 7 років тому +5

    Thank you mark, you are one of the last genuine people and most have forgotten what it is even like to live authentically. He's right, people like you are destroying community with your exorbitant free time and it's time to get people back together and give them what they need to survive. Fucking naysayers. You have so much more to offer the world than a very predictable harsh comment to the quintessential millennial nerd 🤓. This speech was everything I've felt internally and know is coming for my world and I'll be a part of this change

  • @vyr-mk1dz
    @vyr-mk1dz 6 місяців тому

    Mz is like Mr Toomy from "The Langoliers" lol😂

  • @octaviusgalacticus2253
    @octaviusgalacticus2253 4 роки тому +3

    Am I the only one who finds mark terrifying

  • @dhl1934
    @dhl1934 3 роки тому +1

    Half agree and half disagree.
    But this speech is touched. It means very inspirable and disirable story.
    감명깊은 스피치네요!

  • @meetdogblack8277
    @meetdogblack8277 7 років тому +56

    No Soul

    • @nka403
      @nka403 7 років тому +1

      lol what? you mean one of the largest souls

  • @FernandoGambol-ur8fd
    @FernandoGambol-ur8fd 3 місяці тому

    Thanks

  • @tiagos5804
    @tiagos5804 7 років тому +53

    A guy that stole an idea talking about being original bla bla bla.

    • @dosseyrichards1681
      @dosseyrichards1681 6 років тому +3

      Innovation is incremental. Those guys stole their idea from myspace. And an idea is 5% of success. You could go back in time and try to start google but if you don't anything about venture capital, sales and marketing and managing teams you'll just end up with your dick in your hand.

    • @ankushdas5148
      @ankushdas5148 5 років тому

      Oh really where's the proof???