Chapter 317: The Internet Haven of Dreams
[Chapter 317: The Internet Haven of Dreams]
After finalizing the business plan, Hawke set up a shell company overseas, which then took absolute control of Bart and Neville's newly registered investment firm in the Cayman Islands. The latter provided an initial investment of $2 million, while Zuckerberg contributed his technical expertise and programming skills as equity. Thus, a brand-new internet company was founded in Cambridge.
Leveraging Harvard's student network, Zuckerberg recruited nine developers to build the server infrastructure and design the website.
Following Hawke's instructions, the website was named SugarBaby.
The platform would eventually have two types of users: content creators, known as SugarBabies, and subscribing members, called SugarDaddies.
A perfect match.
Anyone who understood the implications knew exactly what it meant.
With the establishment of SugarBaby, the company's policies were officially put into legal effect. As shareholders and founders, the three of them were bound by a clause stating that even if they left SugarBaby and sold their shares, they were prohibited from engaging in the online media industry for the next ten years.
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