Monday, August 2, 2010

Was Zuckerberg's mysterious Facebook contract forged?

Was Zuckerberg's mysterious Facebook contract forged?

Filed under: Business, News, Social Software

Just when Facebook was riding high on the publicity from its upcoming movie and its 500 millionth user, a lawsuit popped up, claiming that Mark Zuckerberg signed away half the company back in 2003.

Facebook has taken a look at the supposed contract between Zuckerberg and a guy who supposedly hired him to build the original "The Face Book" site when he was at Harvard, and they "strongly suspect" Zuck's signature was forged.

This is just another entry in the long line of drama over who really owns the golden goose that is Facebook. Zuckerberg's former Harvard friends and collaborators have also claimed he stole Facebook from them, and those stories turned into the upcoming Hollywood movie The Social Network.

Paul Ceglia, the guy on the other side of this supposed contract, has some problems, even if the signature is real. It's been almost 7 years since the $1000 contract, and Facebook's value has grown tremendously in that time, making it unlikely that a judge would award anywhere near half of the company's current worth. Ceglia has also been indicted for fraud before, as recently as 2009, for a bad deal involving heating equipment. Whatever your feelings are about Zuckerberg's reliability, Ceglia isn't exactly a model of trustworthiness either.

[via Wired]

Was Zuckerberg's mysterious Facebook contract forged? originally appeared on Download Squad on Fri, 23 Jul 2010 16:00:00 EST. Please see our terms for use of feeds.

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