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12 Oct 2011 11:26

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Tech: The Winklevi’s cost of suing Facebook? Possibly not worth it

  • $65 million the amount Cameron and Tyler Winklevoss earned from their original settlement with Facebook
  • $13 million the amount the Winklevi have spent on lawyer fees in that case and a couple of others source
  • » Twenty percent of their settlement, down the toilet: Sure, the prize that the Winklevi could win from Mark Zuckerberg and company could possibly be massive — in the billions, even — but the thing is, they’re already rich and they’ve wasted much of their “I’m rich” money on courtrooms and lawsuits. Perhaps not the most efficient way of spending the money? Maybe.

24 Jun 2011 11:28

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Tech: The Winklevi plan to sue Mark Zuckerberg AGAIN. Seriously.

Dear Winklevi: You have $65 million. Why start up ANOTHER lawsuit, anyway? You guys are like 30. This happened like eight years ago. You won. Why do this to yourselves? source

16 Oct 2010 14:02

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Culture: Whiny babies Cablevision, News Corp. fight over money in public

  • The question becomes, how long is it going to last and who’s going to blink first?
  • BTIG media analyst Richard Greenfield • Regarding Cablevision’s dropping of local Fox network stations from its lineup in a financial dispute. Who gets hurt when giant media companies fight over stupid crap like money? Sports fans, of course. If this isn’t resolved by Sunday, they could lose a number of football games. If it’s not settled by tonight, they could lose game one of the NLCS – especially problematic because the Philadelphia Phillies are in the series and Cablevision covers mostly Philly and NYC. We know you babies love being right and winning a war over money, but most people don’t like being inconvenienced. source