Tyler Winkelvoss

Will models be accepting Bitcoin? Yes, if the Winklevoss twins have anything to do with it. Tyler and Cameron were among the guests at Ben Watts’ “Shark Attack” party at Gurney’s Inn in Montauk. Cameron was heard talking to One Model Management’s Scott Lipps about setting up Bitcoins for models through a San Francisco-based exchange. [NYP]

A U.S. appeals court ruled Monday that the Winklevoss twins can’t back out of a settlement they struck with Facebook Inc. to resolve claims that founder Mark Zuckerberg stole their idea for the social network.  In a 2008 settlement…Cameron and Tyler Winklevoss got $20 million in cash and $45 million in Facebook stock to drop their suit claiming that Mr. Zuckerberg deceived them when he agreed to work for their company, called ConnectU, on a similar website…after they signed the settlement, the Winklevosses said they learned that Facebook’s board had adopted an internal valuation of just $3.7 billion. Had this lower valuation been used, the Winklevoss twins would have received more Facebook shares as part of their settlement. [WSJ]

Related: Larry Summers Will Not Apologize For Being A Dick To The Winklevoss Twins

Those of you who’ve seen The Social Network know there is a scene in which Tyler and Cameron Winklevoss (AKA The Winklevi) go to Larry Summers, the then president of Harvard, to complain that Mark Zuckerberg stole their idea for Facebook. In the movie, Summers is portrayed as a bit of a dick, essentially telling the Winks to fuck off and go waste someone else’s time. Was the portrayal accurate, Summers was asked this morning? Hell yeah it was. And you want to know another thing? Big Lar doesn’t regret for one second telling those little shits to get out of his office. Read more »