Thursday, June 23, 2011

Facebook.com lawsuit by Winklevoss Twins ended

VirtualWorld.ca


The Winklevoss twins, famous to anyone who has seen the Social Network (Facebook) movie, have abandonned their lawsuit against the social networking giant.


In 2008, both parties reached a settlement which awarded the twins $45 million worth of private Facebook stock and $20 million in cash.
The Facebook stock the twins were awarded in 2008 has since more than doubled in value.  I guess they figure that that is now enough.
The moral of the story?  Don't be such a Winklevoss!

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