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Read ArticleShortly after close today, Apple hit $700 per share in after hours trading propelled by the report that the company sold over 2 million iPhone 5’s during pre-orders.
Like many people I couldn’t help but watch the CNBC interview with the Winklevoss twins where I was surprised to learn that they were becoming venture capitalists. I always figured they would simply take the Facebook settlement money and run — probably to never be seen or heard from again. But no, that is not going to be the case at all. In fact, they are looking to use that settlement money to invest in early stage technology companies.
By now I have read (and I’m sure you have too) quite a few articles poking fun at this reality. While I was surprised by the twins VC plans, I was even more surprised that so many tech-focused blogs are being so quick to dismiss the Winklevii.
