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General Information

Websitefacebook.com/saverin
BirthplaceSao Paulo, Brazil

Degrees

Harvard University, BA 2006
Economics

Former Companies

Co-Founder

Web Presences

Tags

Eduardo Saverin

Eduardo Saverin was born in Brazil to a Jewish family, but moved to Miami, Florida in the mid 1990s. Eduardo studied Economics as an undergraduate at Harvard College, where he received his BA in 2006. While at Harvard, Eduardo served as Harvard Investment Association’s President, and was known for making over three hundred thousand dollars betting on weather and oil futures.

He met Mark Zuckerberg in his sophomore year while punching the Phoenix S.K. Club and later co-founded Facebook with Zuckerberg during his junior year, assuming the role of business manager. However, due to internal conflicts and differences of opinion with Zuckerberg over the following summer when Saverin was living in New York (where he worked briefly as a finance intern), Saverin drifted from what was then known as thefacebook, a fast-growing Silicon Valley start-up. After outside investor principally venture capitalist and PayPal co-founder Peter Thiel took control of the start-up’s finances and capital needs and backed Zuckerberg as its CEO, Saverin’s role diminished and his influence evaporated. His departure from Facebook was the subject of subsequent legal action. He later won the right to have his name listed among the other founders in a lawsuit.

He is currently an investor in technology startups, including Qwiki and Jumio.

Recent Milestones

Investments

Company Date Round Size Participants
Nitrous.IO 3/2014Series A$6.65M8
RedMart 1/2014Venture Round$5.4M4
Nitrous.IO 4/2013Seed$1M8
ShopSavvy 11/2011Venture Round$7M1
Jumio 3/2011Series A$6.5M1
Qwiki 1/2011Series A$8M9
CrowdMob 1/2011Seed$1M10

Videos

Sources

  1. Cloud Development Platform Nitrous.IO Closes $6.65M Series A Round Led By Bessemer To Make Enterprise Push (techcrunch.com) [edit]
  2. Singapore Online Grocer RedMart Raises $5.4M From Investors Including Facebook Co-founder (techcrunch.com) [edit]
  3. Action.IO Becomes Nitrous.IO, Raises $1M For Its Development Tools (techcrunch.com) [edit]
  4. Facebook Co-Founder Eduardo Saverin Leads $7M Round In Scanning And Product Search App ShopSavvy (techcrunch.com) [edit]
  5. Exclusive: Facebook Co-Founder Eduardo Saverin Leads $6.5M Round For Jumio (techcrunch.com) [edit]
  6. TechCrunch (techcrunch.com) [edit]
  7. CrowdMob builds a Tapjoy+Groupon for distributing local deals (gigaom.com) [edit]
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Last Edited 4/4/14

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