Facebook Dodges One Bullet


As reported yesterday on CNN, Tyler and Cameron, the brothers Winklevoss, sadly must live with the $65M settlement they got for their share of the Facebook “idea,” according to a U.S. appellate court.  The brothers had argued that they were using a $15B valuation at the time to calculate their share, when it should have been much less (so their share would have ended up being worth much more). One can only speculate what a professional valuation analyst could have contributed if engaged at the proper time.

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