Return of the Winkelvii
There is a hearing in a San Francisco court today regarding the long-running dispute between Cameron and Tyler Winkelvoss and Facebook founder Mark Zuckerberg. If you’ve seen the movie The Social Network, you already know that the twin brothers have long alleged that they had the idea for what would become Facebook and that the freshman they hired to do some coding, Zuckerberg, stole the idea. The parties came to a settlement long ago where the brothers got $20 million in cash and $45 million in stock but now, in the wake of the recent Goldman Sachs deal, they say Facebook hid its real value to low ball them. They’re seeking a package worth $608 million.
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