Winklevoss Twins Want More Money From Facebook

Categories: Business
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Lawyers representing Tyler and Cameron Winklevoss, the studly twins who sued Facebook founder Mark Zuckerberg for supposedly usurping the social media site from them, asked a judge today in San Francisco federal court to re-open their settlement for $65 million, claiming Facebook didn't fairly value its shares.

The twins, Olympic rowers who carry man-purses, should be getting an extra $100 million, based on a $50 billion valuation that's been bandied about, according to news reports.

The lawyer told Bloomberg that the 2008 settlement is now worth about $100 million more, given the fact that they now know more about the social networking site's true value. A recent Goldman Sachs private equity deal has set the company's total worth at $50 billion.

According to media reports, the lawyered-up twins, who graduated from Harvard, argued that they were unfairly taken advantage of by Facebook when they agreed to a settlement.

The dispute between the Winklevoss twins and Zuckerberg was depicted in the 2010 film The Social Network. The twins had founded their own social networking site, which they called ConnectU. Zuckerberg allegedly took those ideas and created Facebook. Judge John Wallace on Tuesday was asked to consider whether the Winklevoss twins were so hapless as to have been allegedly snookered a second time. Wallace expressed skepticism at the brothers' purported naivete, according to Paidcontent.org:

"The founders are pretty smart people themselves.... They also had five lawyers from two firms sitting there with them. The twins also have a father, from the Wharton School [of Business at University of Pennsylvania], who's very bright, and considered to be one of the top people in valuation [of businesses]... If you have all these people there to advise you, isn't it a little difficult to say this was one of those things where they were taken advantage of?" 
While the brothers are savvy in some regards, they have demonstrated naivete and eccentricity in other instances. A Bloomberg-Business Week writer last fall arranged a movie outing so the brothers could comment on how the move portrayed them and Zuckerberg.

"They dress preppily, carry identical gray Tucano man purses, and occasionally bicker over how to best answer questions," writer Brad Stone reported.

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5 comments
NutraSlim HCA
NutraSlim HCA

they aren't going to get it. they're just plain greedy. they should be happy with the 69 mil they already got just for saying mark stole their idea.

newbedave
newbedave

lisa simpson was made a were of the fact that ZUCKERBERG had sign a contract to PAUL CEGLIA years a go 'and was a were that on a video disk ZUCKERBERG openly admitted ;saying that facebook was not his idea but david idea; lisa got a court order to get the two disks and distorted the sound track on the disk in a deliberate act to hid the fact zuckerberg stole the idea facebook ; lisa simpson was made a were of the fact that ZUCKERBERG had sign a contract to PAUL CEGLIA by TONY MERCHANT of the law firm merchant law merchant law

ORRICK

“When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.” Sadly, most of the people don’t wish to bite the hands that feeds them

The Securities and Exchange Commission says it has set aside about $450 million for payments to outside whistleblowers whose information results in successful ?? ….. SOME THING YOU WONT TO LOOK AT LISA SIMPSON ,, and the best way to rob a bank is to own a bank

newbedave
newbedave

lisa simpson was made a were of the fact that ZUCKERBERG had sign a contract to PAUL CEGLIA years a go 'and was a were that on a video disk ZUCKERBERG openly admitted ;saying that facebook was not his idea but david idea; lisa got a court order to get the two disks and distorted the sound track on the disk in a deliberate act to hid the fact zuckerberg stole the idea facebook ; lisa simpson was made a were of the fact that ZUCKERBERG had sign a contract to PAUL CEGLIA by TONY MERCHANT of the law firm merchant law merchant law

ORRICK

“When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.” Sadly, most of the people don’t wish to bite the hands that feeds them

The Securities and Exchange Commission says it has set aside about $450 million for payments to outside whistleblowers whose information results in successful ?? ….. SOME THING YOU WONT TO LOOK AT LISA SIMPSON ,, and the best way to rob a bank is to own a bank

newbedave
newbedave

THIS IS HOW MARK ZUCKERBERG STOLE FACEBOOK

It all started when DAVID was logged in to the Harvard website, where I was listening in to the conversations of the Harvard students. One of these students was Mark Zuckerberg who was talking about Face Smash and he had just broken up with his girlfriend at the time, so I struck up a conversation with this Mark Zuckerberg. He was talking about creating a dating site. I thought this was a bit odd - a pie in the sky idea since he had just broken up with his girlfriend and he was slagging her off - calling her a bitch and a whore. dave talked to Mark about the idea, and suggested he call it Face Mash. He was intrigued with my suggestion and thought it was a good idea. Mark wanted to call it Face Smash, because he wanted to smash his ex in the face. I convinced him that Face Mash was a good idea and he agreed, but one week later he changed his mind and wanted to call it Face Smash. When I queried him about this he replied 'f.... off you c...- I'm calling it Face Smash'. Two weeks after this conversation he came up with the name Mashable and when I asked him why he chose the word Mashable instead of Face Mash he said 'f,...off you bastard, Face mash is not your idea'. So I re-posted the conversations we had two weeks earlier and he had to apologize and said he was going with Mashable. I took this as a sign that he wanted to throw me off the scent and take the site for himself. dave found the character of Mark Zuckerberg to be deceptive and dishonest and ended conversing with Mark Zuckerberg because of his dishonesty and lack of integrity

DAVID DUSTIN + CHRIS THE ORIGIN OF FACEBOOK

After this dave started conversing with Dustin and Chris about an idea of mine called Facebook for an online service where students can post pictures and information on themselves and use it as a directory. They were very intrigued by my idea and wanted to know more. dave told them that in the beginning, it would be an online service just for Harvard students, and then spreading through the other campuses in America, joining them up together. The idea was to make it easy for people to connect with other university students so they could get an idea of what other campuses were like, and even eventually spreading through the general public, giving them an idea of what was on offer at the different campuses. Dustin and Chris were very intrigued with my idea and said they wanted to be on board. but zuck was there roommate and wonted to be on board zuckerberg was apologetic about face-mash but it was bull shit dave talked extensively about my ideas of Facebook and went into great detail of how to get it set up and started. They queried about the finance of setting it up and I told them I was in contact with Tony Robbins, who was interested by the idea and we were having discussions regarding his financial backing of the project

THE PLATFORM

So we needed a platform dave made contact with paul ceglia and was in discussion about a platform for my idea the facebookbut zuckerberg made contact to paul ceglia to steal the idea facebook 'paul ceglia had no legal right to sell the the platform to mark zuckerberg but zuckerberg new what he was doing when he sign the contract(paul ceglia had no legal right to sell the the platform to mark zuckerberg } the contract was to David not zuckerberg

EDUARDO

dave then found another contact at Harvard, called Eduardo Saverin and invited him to join me in developing my idea, and also to find out what was going on between Dustin, Chris and Mark . eduardo offered finance to get facebook up and running but zuckerberg spent the money on him self selfish prick zuck spent eduardo saverin money and spat in his face your best friend .this is the reason how eduardo got a invitation into facebook

THEN david got e-mails from zuckerberg saying he was not interested in the idea facebook david then contacted dustin chris to find out about this email i got from zuckerberg; they went into denial about this. but later on got a email from chris saying they were not interested in the idea facebook

CAMERON AND TAYLOR WINKLEVOSS

So dave found a site at Harvard called Harvard Connect (later, in 2004 changed to Harvard Connect To You) run by Cameron and Taylor Winklevoss, and dave explained everything about Facebook and the dealings with Zuckerberg, Dustin and Chris and how dave believed that Zuckerberg was in the process of stealing david idea, and dave asked if the Winklevosses were interested in running Facebook on the Harvard site

They expressed enthusiasm in the offer and liked the idea of running the site as they liked the concept of Facebook.They told me that they were going to change their site name and redesign it at that time (to Harvard Connect To You The person they called in to help them redesign their site was Mark Zuckerberg who then stole their platform : I told them that zuckerberg was a crook the winklevoss where to dumb and dupe by zuckerberg And what do the winklevoss remind me off; its two building and the two buildings were the TWIN TOWERS you guys talk about the truth like you own the truth but you do not and never will

the winklevoss contacted summers at UV about zuckerberg but summers new the full story of how zuckerberg stole facebook and it was david idea david then log a complaint to the FBI about this stolen fake connect 2u account with fake information and about mark zuckerberg

THE WINKLEVOSS BS

it did not take long for david to realize that the winklevoss were not up to do the job when cameron found out that david log a complaint to the fbi on zuckerberg cameron sed that is not the way we do things but tyler wonted to file a lawsuit on zuckerberg but cameron was the dominant personality and the hole idea facebook was on the verge of collapse david then got emails from the winklevoss saying they were now longer interested in the idea facebook( NOT A SURPRISE DAVID found out later on that the winklevoss contacted WAYNE CHANG and sold 50% of the idea facebook my god how f..ing dumb can you get .all the winklevoss had to do was go hire a team of programmers or learn to program on their own .and the idea facebook was a sound and solid idea and the right skillful execution of the idea was all that was needed this was david skill.

CREATE A FAKE

zuckerberg then went on to create a FAKE CONNECT 2U account filled with FAKE information from the stolen platform he stole from the winklevoss Dave got a email from this FAKE CONNECT 2U account . but dave new it was FAKE it was zuckerberg .zuckerber wonted more info and idea to steal so dave gave one idea and it was to put a silver layer around the F word on facebook to see if zuckerberg was going to steal this idea and yes he did

SO WHAT DID MARK ZUCKERBERG STEAL BY STEALTH

the idea facebook the name facebook the concept and the execution of facebookdavid understands that zuckerberg has a mental personality disorder but this is no excuse for being a asshole and a thief zuckerbergyou see zuck dustin and chris new that facebook was a billion dollar idea but you stole the idea facebook . chris you may have step up about being gay but you need to step up and tell the truth about how zuckerberg stole facebook

MARK ZUCKERBERG GIRLFRIEND

yes zuckerberg got a girlfriend and no he did not get her from GRAIGS-LIST . but he did break up with his girlfriend and look for love on graigs-list or as zuckerberg put it looking for a new bitch .zuck did not realize that you had to pay for the girls on graigs-list .zuck sad what do you mean you have to pay you pay and if you are unlucky you have to pay twice when you have go to the clinic ; zuckerberg saw every thing as a possession some thing to take when he stole the idea facebook and his girlfriend ; zuckerberg social skills are that poor zuck can not pick up sand if he was standing in the middle of a desert and had to go back to his old girlfriend that is all he had ; facemash and facebook was zuckerberg quest to understand woman FAIL

zuckerberg do not use your girlfriend to polish your bull-shit it will not work and never will

THE SOCIAL NETWORK

friend-star it failed end of story : my-space was a good idea but failed to mash the idea with the changing social landscapesean parker seam to think the only reason we won was because of the gross incompetence of myspace systematically over a period of many yearsmy god sean parker f..ing grow up you do not have your finger on the pulse of social change that just your but-hole

AARON GREENSPAN

david then went to Aaron Greenspan who was running house systems at Harvard and asked him (under an email non disclosure agreement) to run Facebook on his site which he agreed to do. aaron greenspan used the (info) to extort financal money out of facebook and zuckerberg paid the extortion money and dave call it extortion U see zuckerberg new aaron greenspan new zuck had stolen the idea facebook .I sent all the emails copy to aaron greenspan:{ aaron sold him self off like a hooker standing on a street corner } and what was that quotation aaron that quotation you set me about honour and truth you now the same bullshit the winklevoss are bullshiting on about

DAVID KIRKPATICK

david kirkpatrick was given all the emails and was made fully aware of how zuckerberg stole facebook from david in the beginning i gave kirkpatrick 80% of the emails kirkpatrick then ask if there was more ' yes there is more but ask kirkpatrick that he must reveal the truth the other 20% was email from paul ceglia to me dave made contact with paul ceglia and was in discussion about a platform for my idea the facebookas for kirkpatrick you are a prick kirkpatrick falls victim to the bane of many business historians infatuation with the subject and the money just a porn-star

BEN MEZRICK AND KIRKPATICK + EDUARDO

ben mezrick was given copes of the emails in and around 2004 dave posted a copy of the emails to ben mezrick and to david kirkpatrick as for kirkpatrick your book is a joke and so are you :you are just a fence jumper david kirkpatrick and its chris that is the gay one you dick 'you sold yourself out you were given the full story of how zuckerberg stole facebook; and sold outin a email to eduardo i told him to get a lawyer zuckerberg was going to screw him over and told him to contact ben mezrick eduardo told me he had a lawyer he can trust but zuckerberg and the lawyer screwed him over; david made contact to ben and ben mezrick got 80% of the emails about how zuck stole facebook and about the winklevoss

PAUL CEGLIA

And what are you going to do zuckerberg when paul ceglia wins you can call the contract a fake a counterfeit ; you cant can you zuckerberg Yes you did sign a contract zuckerberg In a email zuckerberg called paul ceglia a dum sucker in 2003 i david posted a copy on to the internet and theroomer spread years a go that zuckerberg had sign the contract and yes the abc news room have a copy of the email

ZUCKERBERG OPTIONS

So zuckerberg what are your options zuck i suppose you can tell the truth you see paul cegia had no legal right to sell you the platformdavid was in contact to paul cealia about a platform suitable for facebook but you wonted to steal facebook by stealth and you will have to tell your mother and farther and sisters how you stole the idea facebook

ZUCKERBERG TROJAN HORSE

You can't gift your way out of controversy zucerberg Generosity is not always well-received and what is your true nature bill gates now your true nature a trojan horse, africa will rise with out your money and the money you gifted zuck is from a stolen idea ;BILL GATES do not bet against DAVID ON THIS the last time you bet against david you lost REMEMBER and you now the truth about mark zuckerberg

ORRICK

"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." Sadly, most of the people don't wish to bite the hands that feeds them

The Securities and Exchange Commission says it has set aside about $450 million for payments to outside whistleblowers whose information results in successful ?? ..... SOME THING YOU WONT TO LOOK AT LISA SIMPSON ,, and the best way to rob a bank is to own a bank

FINAL COMMENT

][][][][][][][][][][][][][][][][][][][][][][][][] THANK AMERICA THAT THANK FOR NOTHING AMERICA [][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][][

Zuckerberg has already, on multiple occasions, demonstrat­ed that he didn't care nothing about the security and privacy and understand even the fundamenta­ls of computer system security ; this is way he stole the idea facebook but not from the winklevoss but did sign a contract to paul ceglia zuckerberg In a email zuckerberg called paul ceglia a dum sucker in 2003 i david posted a copy on to the internet and theroomer spread years a go that zuckerberg had sign the contract ; and zuckerberg only sign the contract to steal the idea facebook from david

and it was david who contacted the winklevoss about the idea facebook and paul ceglia is going to get 84% of facebook

The Securities and Exchange Commission says it has set aside about $450 million for payments to outside whistleblowers whose information results in successful : I THINK WIKILEAKS can do with some of this whistle blowers money ; TIME to dropkick GS in the sacK

Tony Merchant may be contacted at 306-359-7777 . Jason Zushman can be contacted at 204-896-7777 .

david made contact to merchant law merchant law contact lisa simmson & mark zuckerberg there are some interesting emails if you contact Tony Merchant you can get the email from him i left instruction to give the emails to every one ask for them this was done years a go

dave posted a copy of the emails to ben mezrick and to david kirkpatrick

Jake
Jake

Matty, Matty, Matty -- if you're going to rip off reporting by others and regurgitate it back to readers who probably don't read the WSJ or are lawyers themselves (at least not good ones, like Gavin's groovy new DA), you can at least bother to get your facts rights. The Winklevi are appealing a judgment from ONE judge, who already said the same stuff you did (only with facts and more details and without the snide and snippy remarks) and what happened yesterday was a hearing before the APPEALS COURTS in SF; that's three judges, of which Clifford Wallace was but one. For the record, the other 9th Circuit judges there were Alex Kozinski and Barry Silverman.

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