When $65 Million Just Isn’t Enough


The Winkelvoss twins, who claim they were defrauded by Facebook when the company settled their lawsuit over Zuckerberg stealing their idea for Facebook, filed an appeal Monday of a decision telling them to be happy with the $65 million payout they negotiated.

The twins, former Olympic rowers who hired their Harvard classmate Mark Zuckerberg in 2003 to help with their social networking site, were told a week ago by the 9th U.S. Circuit Court of Appeals to drop their attempt to undo a 2007 settlement.

That settlement, created in mediation, gave the twins $20 million in cash and $45 million in stock.

Winkelvoss Twins Appeal Dismissal of Facebook Lawsuit (Wired)

Why Winklevoss’ Latest Appeal Petition Will Go Nowhere (Paid Content)

pic via bibliojunkie

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