Codebreaker

Return of the Winkelvii

John Moe Jan 11, 2011

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.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.