Eduardo Saverin and The Social Network


In a piece of recent news, Facebook co-founder Eduardo Saverin is renouncing his American citizenship and staying in Singapore. Presumably he is doing this in order to pay fewer taxes.

Eduardo Saverin is mostly known as one of the main protagonists of The Social Network, a film about the rise of Facebook. In the film Facebook founder Mark Zuckerberg is portrayed quite negatively as a nerd and a plagiarizer. Saverin is depicted as the Guy Who Got Screwed by Zuckerberg after loyally helping build up the company.

The fact that the real Saverin switched citizenship in order to dodge taxes conflicts with the Saverin as depicted in The Social Network. Indeed, Saverin originally was a Brazilian citizen who sought and obtained American citizenship and then renounced it in order to pay fewer taxes. Then you have the lawsuit that he filed against Zuckerberg demanding money from the company. This looks a lot less sympathetic when considered with his actions regarding citizenship.

It’s all very different form the fine upstanding young man who we see in The Social Network. Of course, The Social Network is inaccurate in other ways; the other founders of Facebook apparently don’t exist and the producer deliberately gets wrong everything from the relationship level to the ethnicity of Zuckerberg’s love interest. And in general movies do a poor job of reflecting reality. I’ve always found it magical, for instance, how Hollywood quadruples the percentage of white people in downtown Los Angeles.

But the trick about movies is that they have to be somewhat believable. One has to believe, for instance, that a character would have acted like that in real life. It’s probably fair to say that Saverin’s role would have been dramatically different had The Social Network been released after Facebook’s IPO. The real Saverin sounds kind of like a jerk.

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4 Responses to Eduardo Saverin and The Social Network

  1. While ‘Social network’ may get the characters of Saverin and others wrong, its facts are mostly right. Erica Albright very much exists and was indeed Zuckerberg’s gf at the time. His current wife is depicted as being his gf right before he left Harvard which is historically accurate. Role of other FB cofounders is depicted accurately in the book, don’t recall the details of the movie.

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