02 Jul '13, 8pm

Inside the Winklevoss twins' new Bitcoin gambit

Inside the Winklevoss twins' new Bitcoin gambit

The Winklevoss twins, Cameron and Tyler, immortalized in The Social Network as the Winklevii, are back in the news. Seeking to cash in on the craze for Bitcoin , the alternative digital currency, they announced Monday their intent to sell shares to the public in the Winklevoss Bitcoin Trust. (Here’s the prospectus .) The offering of about 1 million shares at about $20 each is for an exchange-traded fund—kind of like a mutual fund that trades like a stock. The idea is that people buy the shares, and the Winklevoss Bitcoin Trust uses the money to buy Bitcoins. Michael Loccisano/Getty, George Frey/Getty I had three thoughts upon reading the prospectus: (1) Dudes, really? (2) A tweet: faux business guys set up a faux hedge fund to invest in faux currency. (3) This is why you shouldn’t send rich kids from Greenwich to Harvard and then to Silicon Valley. The Winklevii will go do...

Full article: http://www.thedailybeast.com/articles/2013/07/02/inside-t...

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guardian.co.uk 02 Jul '13, 7pm

The Winklevoss twins , the former Olympic rowers who famously alleged that Facebook founder Mark Zuckerberg stole their we...

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telegraph.co.uk 02 Jul '13, 8am

Some bankers have expressed worries that newer players in the online marketplace could have negative implications for the ...

Winklevoss twins plan Bitcoin trust

bbc.co.uk 02 Jul '13, 5am

2 July 2013 Last updated at 05:38 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Winkl...

Winklevoss twins plan Bitcoin trust

bbc.co.uk 02 Jul '13, 5am

2 July 2013 Last updated at 05:38 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Winkl...

Winklevoss twins to sell shares in their 'Bitco...

wired.co.uk 03 Jul '13, 9am

On 1 July, they filed forms with the US Securities and Exchange Commission, saying they intend to offer shares of their Wi...

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bbc.co.uk 02 Jul '13, 5am

2 July 2013 Last updated at 05:38 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Winkl...

Inside the Winklevoss's somewhat strange S-1:

Inside the Winklevoss's somewhat strange S-1:

buzzfeed.com 01 Jul '13, 11pm

Tyler and Cameron Winklevoss, impossibly strong-jawed and broad-shouldered rowers, tech entrepreneurs, and famous litigato...