Photo: Flickr / dsearls
Eduardo Saverin, Chris Hughes and Andrew McCollum — three co-founders of Facebook — are mysteriously absent from Facebook’s S-1 filing with the Securities and Exchange Commission.They are all co-founders of Facebook, but don’t appear to own more than 5 per cent of the company. That’s compared to co-founder Dustin Moskovitz, who owns 7.4 per cent, and co-founder Mark Zuckerberg, who owns 28.4 per cent.
At last report, Hughes owned about 1 per cent of Facebook. At the company’s $100 billion-ish valuation, that’s worth about $1 billion.
Eduardo Saverin at one point was also reported to own 5 per cent of Facebook, but is no longer on the list. That means his shares were either diluted or he sold a chunk.