Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!
 

Posted on October 12, 2011 | tags

 
 

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.
 
More in Tech (82 of 2027 articles)