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A comment on Here's the Email That Could Cost Mark Zuckerberg Half of Facebook. Parent comment

Re:Here's the Email That Could Cost Mark Zuckerberg Half of ... by ZachPruckowski on Tuesday April 12, 2011 @10:45AM (#2437400)
>"Surely the ownership would have to be backdated to around his last involvement with the company, which would be miniscule compared with Facebook's valuation today."

That would be a HUGE amount of money. Even if the subsequent investments are still legit (despite not having the involvement of the main investor), Zuckerberg owns like 30% of Facebook, so if you assume the primary investor wouldn't have gotten diluted worse than Zuckerberg, you're looking at tens of billions. Even if he gets diluted as bad as Saverin did (down to 1/7th), that's still like $5 billion or so, right? That's shit-tons of money.

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Re:Here's the Email That Could Cost Mark Zuckerberg Half of ... by robryan on Tuesday April 12, 2011 @10:50AM (#2437424)
What I meant was the value of the company at the time, although I'm not sure how that would work legally.
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Re:Here's the Email That Could Cost Mark Zuckerberg Half of ... by ZachPruckowski on Tuesday April 12, 2011 @09:55PM (#2440350)
Yeah, that's not how equity investing works. Even if you assume he had the worst in terms of anti-dilution provisions, that's still gonna be like 5% of a $50B company. If he gets Zuck's anti-dilution provisions, that's more like 20-25% of a $50B company.
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Re:Here's the Email That Could Cost Mark Zuckerberg Half of ... by robryan on Wednesday April 13, 2011 @03:29AM (#2441167)
I think what I said came out bad, what I mean is if the question of ownership was at a certain value, as in the value at the alleged time of sale can you really lay a challenge on it at any future point in the company for say that 5% diluted equity. Seems to leave the door open for people to create technicalities in deals and then treat it as a risk free investment, if they can challenge for it back at any time into the future.
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Re:Here's the Email That Could Cost Mark Zuckerberg Half of ... by ZachPruckowski on Wednesday April 13, 2011 @07:04AM (#2441561)
Why wouldn't you be able to? Zuckerberg didn't allegedly defraud the plaintiff of cash, he allegedly defrauded the plaintiff of pre-Round-A Facebook shares. If I steal a lottery ticket from you and that ticket subsequently wins the Mega Millions or whatever, I don't just owe you the $5 ticket price, I owe you the lottery winnings, right?
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Re:Here's the Email That Could Cost Mark Zuckerberg Half of ... by yakto on Tuesday April 12, 2011 @11:45AM (#2437692)
Do you know how equity works?
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