Larry Summers calls Winklevoss Twins “A**holes”

facebook in newsEx-President of Harvard, Larry Summers, calls the Winklevoss twins “a**holes”.  The Winklevoss twins once sought Mr. Summers assistance in a case against fellow Harvard classmate, Mark Zuckerberg.

At the time, Larry Summers was the President of Harvard.  Referring to the meeting between the three, “Rarely, have I encountered such swagger, and I tried to respond in kind”.  It appears that the animosity famously portrayed in the movie “Social Network” is real.

Mr. Summers went on to say, “One of the things you learn as a college president is that if an undergraduate is wearing a tie and jacket on Thursday afternoon at three o’clock, there are two possibilities. One is that they’re looking for a job and have an interview; the other is that they are an a**hole. This was the latter case.”  I don’t know if that sort of assessment from a college President is a fair one.  It definitely comes off as prejudice.  The Winklevoss twins were dressed appropriately for a meeting with the President of one of the world’s most prestigious universities.  I would question who really comes off as the “a**hole” in this case.

The Winklevoss Twins have litigated against Mark Zuckerberg and Facebook since 2004.  They obviously feel impassioned about what they feel was their creation.  It is easy to give credit to Mr. Zuckerberg and his “genius”, but he may not be the author of the “original idea”.

That being said, the Winklevoss Twins have little success in their cases against Facebook.  They did receive a settlement of $65 Million in cash and Facebook stock in 2008, but later tried to repeal that settlement.  They claimed they were misled about the value of the Facebook stock.  In June, the twins hoped to bring their case to the U.S. Supreme Court.  They later changed their mind and instead filed suit with a Boston federal court.       



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