Does anyone know why they have not decided to focus their energy elsewhere? Why go to the effort to double, triple, or whatever their stake in Facebook when they could cash out and attempt to create wealth else where? I bet there are a number of entrepreneurs who would love to take angel investments from the Winklevosses, regardless of the twin's track record.
Furthermore, they would have much more fulfilling lives if they took the money they have and invested in/ created something new... at least they would have a chance to intellectually participate in the start up environment.
Pursuing Facebook is more lucrative than anything else they could be doing right now. They have a great chance at netting hundreds of millions of dollars. What startup investment has an expected value anywhere near that? (answer: None.)
Maybe it's just me but I don't have any sympathy for these guys. I actually think The Social Network did more to sway my opinion of them than of Zuck.
What's the difference in $ value that they're trying to get? And is the difference between that and the money they originally settled on really worth the damage to their personal brand? They can't possibly be winning in the court of public opinion either right?
Furthermore, they would have much more fulfilling lives if they took the money they have and invested in/ created something new... at least they would have a chance to intellectually participate in the start up environment.