Tuesday, 12 April 2011

Voss is going on?

Tyler Winklevoss and Cameron Winklevoss have just lost an appeal against their settlement with Facebook. They claimed that the previous settlement did not give them enough money. That settlement was for $20m in cash and $45m worth of stock. Since the stock is saleable, this gives them $65m, or $32.5m. I can see their point. Who can survive on $32.5m? They are young men, so that could be just half a million a year, each. Or $1.3 thousand a day. Who can live on a mere $1.3 thousand a day? It is practically minimum wage!

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