Actually it did, and it was called the Harvard Connection, but a scam artist of a contractor thought it was a good idea and lead the founders on as if he was putting the finishing touches on the site to delay their launch and them settled that crime for pennies on the dollar, and here we are.

How complicit Saverin was in this crime is questionable, but it's clear that Zuckerberg knew exactly who he was "fucking" (his words) and how from his IMs.