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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. How much was Thiel willing to invest in thefacebook in order to help it stay afloat?
(a) Nothing.
(b) $25,000 now, more later.
(c) $1,000,000.
(d) $500,000.

2. What was the initial investment that Eduardo made in the company, which he used partially to pay for a trip to New York to meet investors?
(a) $1000.
(b) $5000.
(c) $2000.
(d) $18000.

3. Who seemed to have little interest in making the site something that made money?
(a) Dustin.
(b) Mark.
(c) Chris.
(d) Eduardo.

4. What kind of papers were given to Eduardo to sign when he arrived at the Facebook office?
(a) Investment.
(b) Stock authorization.
(c) Termination.
(d) Legal dissolution.

5. ________ was on the edge of investing $13 million in Facebook at this time of their development.
(a) Accel.
(b) Yahoo.
(c) Apple.
(d) Microsoft.

Short Answer Questions

1. Where did Eduardo get an internship for the summer, so he decided to go there?

2. Eduardo was stunned by the idea that Mark and Dustin would sell their ___________ in Facebook.

3. The company was registered as a LLC in ___________, because that's where Eduardo registered it.

4. What was the name of the company that kicked Sean Parker out of his Plaxo company?

5. Who cut the credit line and the funding for thefacebook at this point of the story?

Short Essay Questions

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

2. Why did Mark decide to remove Sean from Facebook's staff?

3. What happened after Eduardo's first day at his internship at the investment banking firm?

4. What did Mark say in an email that he sent to Eduardo during the first part of this chapter?

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

6. What eventually happened to Napster, according to the book's version of events?

7. Why had Eduardo's shares gone up to 34% in the new legal documents he was asked to sign?

8. What were the future plans about opening up Facebook, according to Sean and Mark?

9. What did Sean think about the name of Mark's new site - thefacebook?

10. What were the ownership totals after the company was registered as an LLC in Florida?

(see the answer keys)

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