Thursday, July 29, 2010

The Face Book contract

Surely most of you have heard by now of the random New Yorker who claims he owns 84% of Facebook. This man, Paul Ceglia, has brought into evidence a work made for hire contract between himself and Facebook genius Mark Zuckerberg that was supposedly signed when Zuckerberg was a college sophomore.

Zuckerberg has consistently claimed to not remember signing any such contract, and reps for the Facebook guru are now calling the document a forgery. At the end of the day, even if such contract existed, what it all boils down to is to what the parties intended. If the parties intended to sign away a percentage of interest in what was or became facebook, then the contract, if genuine, would be valid. A copy of the alleged contract can be found HERE

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