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Advice to Winklevoss Twins: Get Over Facebook

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5 Responses

  1. Bob says:

    Agreeing to accept a settlement deal is the equivalent of entering into a binding contract. One does not have the option to, at some later date, say, “I don’t like that deal I agreed to – I want more money”. If this case is accepted by the court I think it should be under the condition that the twins first return the $65 million they received in the settlement prior to opening a new case against Mark Zuckerberg, and with the court having a binding, un-appealable decision on the award – if there is any award.

  2. Maryland Conservatarian says:

    A few times you referred to their “amazing education” which you also admit doesn’t seem to have amounted to much…maybe it’s time for some to get over Harvard.

  3. Lawrence Cunningham says:

    Maryland: I don’t have any problem getting over Harvard, the least impressive part of the twins’ education: a father who is a Penn professor; classical piano training at age 6; Greenwich Country Day; Brunswick School (studying Latin and Ancient Greek); and Oxford University, Said Business School and Christ Church. Not amazing?

  4. Willton says:

    A few times you referred to their “amazing education” which you also admit doesn’t seem to have amounted to much…maybe it’s time for some to get over Harvard.

    I smell sour grapes.

  5. Nancy says:

    Thank you for posting this – I couldn’t agree more. I still can’t understand what the Winklevoss twins think they will get out of this. I don’t even understand why FB settled in the first place, since the contractual claim (as far as I can tell) is weak, and the IP claim even weaker. Now, they want to get out of this settlement that IMHO they were lucky to get. As for the valuation issue – it wasn’t the idea for FB that made it “worth” billions. I can tell you that FB and ConnectU weren’t the first or only companies to come up with this type of social networking site. It takes much more than a good idea to make a successful business. Maybe FB should take them up and undo the settlement – it might be a gamble worth taking. The Winklevoss twins remind me of the fable of the greedy crow who in an effort to pick up more food, loses what he already has in his beak.