Giving Away Facebook
Paper instructions:
Read the case “Giving Away Facebook” at the end of Chapter 16 and answer the questions that follow:
1. Can you know if you have a potentially hugely successful company on your hands when you first launch it?
2. Should all companies take the precautions Facebook failed to take? Or can some companies be more relaxed about such legal issues as partnerships and ownership? Why or why not?
3. What types of agreements and contracts do you think Mark Zuckerberg, his partners, and Facebook’s early investors should have drawn up?
4. What contracts do you think the Winklevoss twins and Divya Narendra should have drawn up when they hired Zuckerberg to work for their company?