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December 11, 2010

As The Facebook Turns – Winklevoss Twins Sued for Their Stake

In yet another bizarre twist in the Facebook story, now  made very public by “The Social Network” movie, a man who was partnered with the Winklevoss twins in a business venture is now suing them for a slice of their Facebook cut. Chang and the Winklevoss brothers merged the Winklevoss property, ConnectU, with Chang’s web development business. As part of the settlement with Mark Zuckerberg, the Winklevoss twins sold ConnectU to Facebook for millions of dollars, and Chang was essentially cut out of that deal. According to his complaint, he and the Winklevoss duo “expressly agreed that the litigation between ConnectU and Facebook was an asset of ConnectU and an asset of WCG.”

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Angela West

Copywriter by day, Angela's ultimate dream is to open a Fallout-themed pub featuring authentic Squirrel on a Stick and wait for staff with Pip-Boys.

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