In April 2004, a couple of Harvard undergraduate roommates took a walk in the pouring rain around the university campus. They were two of the three co-founders of an internet company that had launched a couple of months earlier — a social network start-up that we now know as Facebook .
One of the young men, a history student called Chris Hughes , was making his case to the other, a computer scientist named Mark Zuckerberg , about how much he should own of the new company. Hughes was demanding a ten percent equity stake in the social network.
But as […]
Full Post at finance.yahoo.com