WINKLEVOSS BROTHERS ARE BACK WITH A NEW COMPANY
The news from the Silicon Valley is that the trio who suffered the wrath of Mark Zuckerger is joining forces again. No money for guessing we are talking about the Winklevoss twins and their friend and Harvard batch mate Divya Narendra.
There isn’t probably anyone in the Tech world who doesn’t know the story of Winklevoss twins, but they came under the media’s scanner for the first time in 2010, post their depiction in the Hollywood film “The Social Network”.
The history is Winklevoss brothers sued Mark Zuckerberg in 2005 by claiming that Zuckerberg stole their idea of social networking site called ConnectU and created Facebook using it. In 2008 Winklevoss brothers had a settlement with Mark Zuckerberg in the form of $65 million reported cash and stocks. Later, they went back to court to asking that they should have received more money from Facebook. Eventually in the later half of the year 2011, Winklevoss twins surrendered their legal battle against Mark Zuckerberg and decided to move on.
The latest buzz is that Winklevoss brothers have now invested $1-million in SumZero, which was founded by none other than their business partner and fellow Harvard Alum Divya Narendra. SumZero is a website that allows investors share their research and knowledge with each other.
SumZero will be a success or not, but the lesson this trio learned from the Zuckerberg incidence will most certainly make them more cautious while dealing with third parties and surely will help them take the business forward.
In any case, let’s hope SumZero works for these Harvard Alums.