At Last -- The Full Story Of How Facebook Was Founded
Zuck: I also hate the fact that I'm doing it for other people haha. Like I hate working under other people. I feel like the right thing to do is finish the facebook and wait until the last day before I'm supposed to have their thing ready and then be like "look yours isn't as good as this so if you want to join mine you can…otherwise I can help you with yours later." Or do you think that's too dick?
D'Angelo: I think you should just ditch them
Zuck: The thing is they have a programmer who could finish their thing and they have money to pour into advertising and stuff. Oh wait I have money too. My friend who wants to sponsor this is head of the investment society. Apparently insider trading isn't illegal in Brazil so he's rich lol.
D'Angelo: lol
Mark sought advice on this decision from his confidants. One friend told him, in so many words, you know me. I don't ever think anyone should do anything bad to anybody.
Mark and this friend also had the following IM exchange about how Mark planned to resolve the competing projects:
Friend: So have you decided what you're going to do about the websites?
Zuck: Yeah, I'm going to fuck them
Zuck: Probably in the year
Zuck: *ear
And so, it appears, he did. (In a manner of speaking).
On January 14, 2004, Mark Zuckerberg met with Cameron, Tyler, and Divya for the last time. During the meeting at Kirkland House, Mark expressed doubts about the viability of HarvardConnection.com. He said he was very busy with personal projects and school work and that he wouldn't be able to work on the site for a while. He blamed others for the site's delays.
He did not say that he was working on his own project and that he was not planning to complete the HarvardConnection site.
After the meeting, Mark had another IM exchange with the friend above. He told her, in effect, that he had wimped out. He hadn't been able to break the news to Cameron and Tyler, in part, he said, because he was "intimidated" by them. He called them "poor bastards."
So then what happened?
Three days earlier, on January 11, 2004, Mark had registered the domain THEFACEBOOK.COM.
On February 4, he opened the site to Harvard students.
On February 10, Cameron Winklevoss sent Mark a letter accusing him of breaching their agreement and stealing their idea.
In late May, after going through two more developers, Cameron, Tyler and Divya launched HarvardConnection as ConnectU, a social network for 15 schools.
On June 10, 2004, a commencement speaker mentioned the amazing popularity of Mark's site, thefacebook.com.
In the summer of 2004, Mark moved to Palo Alto to work on Facebook full time and soon received a $500,000 investment from Peter Thiel.
In September 2004, HarvardConnection, now called ConnectU, sued Mark Zuckerberg and the now-incorporated "Facebook" for allegedly breaching their agreement and stealing their idea.
In February 2008, Facebook and ConnectU agreed to settle the lawsuit.
In June 2008, ConnectU appealed the settlement in California's ninth district, accusing Facebook of trading its stock without disclosing material information. This appeal is on-going.
Read more: http://www.businessinsider.com/how-facebook-was-founded-2010-3#im-going-to-fuck-them-4#ixzz0yVJUTZzZ
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Michael Santomauro
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