Tyler and Cameron Winklevoss Wants More Than $65 Million From Facebook

Posted Apr 2, 2010

Brothers Tyler and Cameron Winklevoss hired Mark Zuckerberg when they were attending Harvard University to design a website called harvardconnection.com. The platform and idea around harvardconnection.com were very similar to what is now known as Facebook, started by Zuckerberg. Facebook is currently the biggest social network in the world. Lawyers of the Winklevoss brothers were able to make a settlement worth $20 million in cash and Facebook stock worth $45 million as calculated by a certain valuation in 2008.

However the battle between the Winklevoss brothers and Facebook is not completely closed. “The chapter is not closed on this matter,” stated Cameron in an interview with the BBC. Tyler added, “It’s our duty to stand for principles.”

BusinessInsider recently published an instant message conversation between Mark Zuckerberg and a friend. The publishing of this material may be the reason why the Winklevoss brothers are interested in pursuing a case against Facebook for more than what was settled. Below is what Zuckerberg wrote to his friends:

Check this site out: www.harvardconnection.com and then go to harvardconnection.com/datehome.php. Someone is already trying to make a dating site. But they made a mistake haha. They asked me to make it for them. So I’m like delaying it so it won’t be ready until after the facebook thing comes out.

[BBC via Gawker]