Winklevoss twins end legal row with Facebook

http://www.bbc.co.uk/news/technology-13886534

by cskau • 15 years ago

21 11 15 years ago

bbc.co.uk

ovi256• 15 years ago

Looks like they extracted their pound of flesh.

adrianwaj• 15 years ago

If I were the judge I would have reversed prior judgements (http://news.ycombinator.com/item?id=2555569). I'd never do business with either of those guys.

danssig4• 15 years ago

Either of those guys? Do you mean the twins or do you mean "either of those parties"?

acangiano• 15 years ago

Their reputation has been tarnished. Yes, they got some money out of it, but it's not like they were exactly poor to begin with. I'm not sure they exit the ordeal victorious.

roldon3322• 15 years ago

They live in a world where Mark was just an employee that stole their idea and started another company. If only he stayed on as their employee they would own facebook. They don't understand that you can't have it both ways. You can't have a badass employee that understands your business and gets a lot done, and at the same time expect that employee to happily do most of the work while you supervise and make the profits. If Mark was the kind of person who just wanted to code and get a paycheck he wouldn't have even been doing a side project. He would have got decent grades at harvard and then easily got a 100k+ coding job at a big company working 30 hours a week

danssig4• 15 years ago

No, what happened was they hired a tech person to implement their idea and that person betrayed them. It's not that he just copied their idea for his own project. Personally I'm not a believer in non-compete clauses. What he actually did was to slow down their own works so his would release first. Now that is dirty and immoral. I can't believe all the startup hopefuls on this site would root for someone who behaves like that. Zuckerberg is the anti-role model for what we should all aspire to.

hugh3• 15 years ago

After a court case this big, this long, one wonders how much of the ~$65 million winds up in the hands of the lawyers anyway.

danssig4• 15 years ago

I think they handled it as well as could be expected. There are a lot of places in this world where if an associate screwed you over as badly as Zuckerberg screwed them over that associate would have been killed. And over a lot less money than this was.

Winklevoss twins end legal row with Facebook

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