Winklevoss Twins Refused Another Slice Of Facebook’s Pie

You may have become more familiar with the name Winklevoss after the events of last year’s Oscar winning Facebook movie, The Social Network. Obviously parts of the film are fiction but the general court dispute was real and after settlement back in 2008, it looks like the twins have been rejected after going back for more.

Mashable reported that Cameron and Tyler’s compensation settlement was in the region of $65 million, after they attempted to sue Mark Zuckerberg for intellectual property theft. You can never really put an accurate price tag on Facebook but we have heard estimations in the region of $30-$50 billion. The Winklevoss twins have looked at this and feel they have been sold short in their settlement with Zuckerberg.

According to Yahoo, the twin’s business partner Divya Narendra who was also a part of the settlement case, has not pursued a second lawsuit. Narendra is seen above with one of the twins, as depicted in the movie. It is likely that the Winklevosses were seeking additional shares rather than a lump sum, as Facebook’s share value is only realistically going to go up in the coming years.

Chief Judge Alex Kozinski has put an end to the twin’s claim; however admitted that “the courts might have obliged, had the Winklevosses not settled their dispute and signed a release of all claims against Facebook.” The twins should make do with the generous $65 million they have and get on with their lives, rather than being made to look like greedy sore losers. Leave us your thoughts on this story and let us know if you think the Winklevosses deserve more.