Greenwich natives Cameron and Tyler Winkevoss reportedly invested $1 million in SumZero, a social media site for hedge funds and other finance professionals.
It marks the first investment by Winklevoss Capital after the twins received a reported $65 million from a legal settlement with Facebook Inc. and founder Mark Zuckerberg, according to the Wall Street Journal, with the brothers having claimed they came up with the idea for a Facebook-like service while attending Harvard University with Zuckerberg.
Founded in 2008 to focus on “buy-side” financiers like hedge funds and private equity firms, New York City-based SumZero is led by two other Harvard alumni: fellow plaintiff Divya Narendra and Aalap Mahadevia. The site has 7,500 members.
“The band is back together,” Tyler Winklevoss was quoted saying by the Wall Street Journal.
