We've all heard about The Social Network movie, which portrays the founding of Facebook and the resulting lawsuits. In the movie, as well as in reality, Winklevoss brothers claimed that Facebook was their idea, and Facebook’s co-founder Eduardo Saverin claimed that the was purposely induced to sign an agreement that led to significant dilution of his shares.
The issues leading to the above lawsuits are not an uncommon thing in the startup world. I invited Mark Howitson to join me on the show and share his thoughts about whether similar problems can be avoided by startup founders, and how. Mark also comments on how much truth about the Facebook’s lawsuits is conveyed in the movie and published on the Internet.
I feel very honored that Mark accepted my invitation, since he doesn’t appear much in media, and until now he hadn’t publicly commented on Facebook’s cases. Listen to the interview carefully, as we refer to the lawsuits throughout our talk. You can also watch video interview at www.valleytalks.com.