Sunday, 24 July 2011
The Winklevosses Vs. Silicon Valley
The Winklevoss twins had their original case against Facebook dismissed yesterday, causing tech media to write another slew of "The Winklevosses' Case Against Facebook Is Over But Wait Actually It Isn't" headlines. The seven-year battle is indeed not over, as the Winklevosses intend to file a motion under Rule 60b, which alleges that the Facebook withheld evidence during the first trial and hopes for a resettlement. The value of the Winklevoss Facebook shares is currently around $200 million (which is about $200 million more than I or probably any of you have).
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