Your Company Stinks, and I Own Half of It

First, from, comic relief:

Facebook hated as much as airlines, cable companies
Customer satisfaction poll puts Facebook in the bottom 5 percent of businesses

Facebook, the most visited site on the Internet , may also be the most despised: A new poll says the site scored 64 on a 100-point scale, which “puts Facebook in the bottom 5 percent” of private sector companies “and in the same range as airlines and cable companies, two perennially low-scoring industries with terrible customer satisfaction,” according to results of a survey released today.

Second, from, a WTF story:

Facebook founder may have given up ownership stake

A seven-year-old contract signed by Facebook founder Mark Zuckerberg granting a New York businessman an ownership stake in Zuckerberg’s then-fledgling Web project may be real, a Facebook lawyer acknowledged Tuesday in federal court hearing.  “Mr. Zuckerberg did have a contract with Mr. Ceglia,” Facebook lawyer Lisa Simpson told U.S. District Judge Richard Arcara in Buffalo, N.Y. . . . Ceglia’s attorney, Terrence Connors, said that his client hired Zuckerberg — then an 18-year-old Harvard freshman — to work as a coder on a street-mapping database Ceglia hoped to create. The contract they drew up covered both that work and an investment in a side project Zuckerberg said he had in the works, according to Connors. That side project grew into Facebook, the world’s largest social networking site. Ceglia agreed to pay Zuckerberg $2,000 for the job.

Ceglia sued in New York state court, where the trial judge entered a TRO preventing Facebook from transferring assets.  Facebook removed the case to federal court, which suspended the TRO.

This is a head-scratcher.  The inertia of mundane reality suggests Ceglia’s claim is too outlandish to have merit.  Yet Facebook acknowledges that there may be a real contract between Ceglia and Zuckerman.  Does the contract prove Ceglia’s claim?  Does it promise Ceglia 50% ownership of Facebook in exchange for Ceglia’s promised investment? I’d like to see the contract.  I’d also like to know this:  why did Ceglia wait so long to file his lawsuit?  Did “sue Zuckerberg for $5.5 billion interest in Facebook” inadvertently slip to the bottom of Ceglia’s to-do list?

2 thoughts on “Your Company Stinks, and I Own Half of It”

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