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Court Rejects Winklevoss Twins' Facebook Appeal
angry tapir writes "A US federal appeals court has denied a request by the Winklevoss twins to release them from their settlement with Facebook over their allegations that Mark Zuckerberg improperly appropriated their idea for the social networking site. Cameron and Tyler Winklevoss, along with another Harvard classmate, agreed to the settlement in 2008 but the twins later asked a district court to let them back out, saying they were misled by Facebook about the value of the company's shares they received as part of the deal. On Monday, a three-judge appeals court panel sided with the lower court, noting that the Winklevoss twins have actually fared quite well since the settlement was hammered out because the value of Facebook, pegged recently at around $50 billion, means that their shares have more than tripled in value."
Winklevoss twins area a bunch of hacks who could never have come close to making anything close to Facebook. They wanted to make a local online Harvard directory, but couldn't do it themselves so they wanted to use Zuckerberg to make it for em. Zucks thought of something better called Facebook and kept them out of the loop. Well played Zucks, the jocks can suck it!
Yah he treated him badly, but Eduardo was a liability who's only good decision was to have Standford on the list for Facebook's initial launch. Eduardo also froze their bank account and jeopardized the whole operation. He had bad vision and was immature. He was marginalized for the greater good of Zukerberg's Facebook.