Meagan M edited the summary of The Accidental Billionaires Thursday, September 23, 2010.
Accidental Billionaires is a novelized account of the creation of Facebook, mostly from the point of view of the collaborators that Mark Zuckerberg eventually betrayed or cut out from Facebook. It begins at Harvard with the "punching" of Eduardo Saverin for a Final Club, an elite membership system at Harvard University. Eduardo makes the cut for the Phoenix but along the way befriends a shy, blank-faced kid named Mark. While Eduardo supplies girls for them to hook up with, Mark first creates Facemash, which is similar to Hot or Not, except students can rate girls' photos based on other girls' photos instead of a number scale. The popularity of the site crashes Mark's laptop and gets him in trouble with the administrative board since he hacked into the dormitory websites in order to obtain the photos. From there, Mark gets the idea for Facebook (then called The Facebook) around the same time that three other students approach him to code a social networking and dating website for Harvard students. Eduardo puts up the money for the servers and The Facebook is launched, to the complete surprise of the three students who assumed he was working on their project only. Thus begins a legal battle from the Winklevoss twins, starting with an appeal to the disciplinary board of Harvard. As The Facebook begins to gain in popularity in Harvard and a few other schools, Mark decides to hire some interns and move to Silicon Valley, in a sublet in Palo Alto to concentrate on The Facebook. Here he meets up with Sean Parker, of Napster and Plaxo fame. Eduardo, meanwhile, is still on the East Coast, trying to drum up advertising revenues for Facebook. While Facebook is in California, Eduardo finds it difficult to maintain his position in the company and is sneakily ousted from his 30% share of the company in a series of legal maneuvers. Even Sean Parker is dumped from the team after funding is secured from venture capitalists. The book ends with a "where are they now" epilogue that contains very little information since most of the lawsuit results are sealed and confidential, and the assertion that Facebook is more popular than ever.