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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. The company was registered as a LLC in ___________, because that's where Eduardo registered it.
(a) California.
(b) Massachusetts.
(c) Florida.
(d) Washington.

2. The lecturer that Mark listened to also talked about how he _________ in order to start his own company.
(a) Skipped class.
(b) Stole an idea.
(c) Left school.
(d) Hurt others.

3. Sean guided Mark in restructuring the company to be a __________ LLC instead of the one that was currently in place.
(a) New York.
(b) Delaware.
(c) California.
(d) Illinois.

4. Facebook was now on its way to having ________ million members.
(a) Three.
(b) One.
(c) Ten.
(d) Two.

5. What would happen if Eduardo wasn't successful in getting investors to sign on to Facebook?
(a) His shares would be diluted.
(b) He would have to try harder.
(c) He would be fired.
(d) Nothing.

Short Answer Questions

1. What did the twins have to head away for during the launch of their new site?

2. Who met with investors in order to secure an angel investment with the company, even though Eduardo was not pleased?

3. Where were Mark and the other members of thefacebook planning on spending their summer?

4. The ___________ company had been courting Mark for several weeks to invest in Facebook.

5. Eduardo created a job hunting website during his time, called _____________.

Short Essay Questions

1. What did Eduardo think about the cease and desist letter that Mark received from the Winklevoss twins?

2. What happened after the crew competition in England which showed the twins just how powerful thefacebook had become?

3. What would Eduardo receive as a result of the investment from Peter Thiel?

4. Who was to blame for throwing Sean Parker out of Plaxo, something that would eventually be used for revenge?

5. What did Eduardo do when he felt that Mark was continuing to ignore him and his concerns?

6. What was the plan for the summer when Eduardo would be heading off for an internship?

7. What were some of Eduardo's concerns about thefacebook as the summer dragged on?

8. What did Sean say might have destroyed the company, which helped talk Mark into pushing Eduardo out of thefacebook?

9. What did Mark do in order to defend himself against the claims the twins brought up against him?

10. What was Mark's attitude about the legal issue between himself and Eduardo?

(see the answer keys)

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