{"id":36731,"date":"2023-10-20T14:45:52","date_gmt":"2023-10-20T14:45:52","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/a-twin-win-situation-cameron-and-tyler-winklevoss-look-to-partner-with-melbourne-investor-startupsmart\/"},"modified":"2023-10-20T14:45:52","modified_gmt":"2023-10-20T14:45:52","slug":"a-twin-win-situation-cameron-and-tyler-winklevoss-look-to-partner-with-melbourne-investor-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/a-twin-win-situation-cameron-and-tyler-winklevoss-look-to-partner-with-melbourne-investor-startupsmart\/","title":{"rendered":"A twin-win situation: Cameron and Tyler Winklevoss look to partner with Melbourne investor – StartupSmart"},"content":{"rendered":"
\"\"<\/div>\n

A Melbourne investor is on the verge of\u00a0establishing a partnership with prominent tech entrepreneurs and VCs Cameron and Tyler Winklevoss – the twins who successfully sued Mark Zuckerberg for $US65 million claiming he had stolen the idea for Facebook.<\/p>\n

Trimantium Capital managing director Phillip Kingston is in talks with the Winklevoss twins to draw from each other\u2019s networks and explore blockchain opportunities in the Asia region.<\/p>\n

The agreement will be on a deal-by-deal basis and will involve the twins’ VC firm Winklevoss Capital and Trimantium Capital sharing deal-flow and leveraging term design and due diligence.<\/p>\n

\u201cWe\u2019ll be using each other\u2019s networks and relationships to grow companies and give them an unfair advantage,\u201d Kingston tells StartupSmart<\/em>.<\/p>\n

\u201cWinklevoss are extremely well connected and us being able to piggy back off that is extremely advantageous for our investments, and they can piggy back off us in Asia.\u201d<\/p>\n

A twin-win situation<\/h3>\n

Tyler Winklevoss says the pair wants to partner with an Australian group in order to gain local knowledge and expertise.<\/p>\n

\u201cOur headquarters are in New York and we spend most of our time between here and Silicon Valley,\u201d Winklevoss says in a statement.<\/p>\n

\u201cWe\u2019ve built a very strong network of entrepreneurs and fellow investors as well as a great understanding of the technology ecosystem in the United States.<\/p>\n

\u201cWe don\u2019t have the same level of experience and expertise in Asia so it is helpful and necessary for us to work alongside those that do. We believe that collaborating on strong teams is much more powerful than trying to do everything by yourself and going it alone.\u201d<\/p>\n

Blockchain pioneers<\/h3>\n

Kingston was introduced to the\u00a0Winklevoss twins through a mutual friend and spoke with the twins on the phone a \u201cnumber of times\u201d before the meeting at SXSW.<\/p>\n

The investors connected over a shared interest and passion for blockchain and alternative currencies, he says.<\/p>\n

\u201cThey\u2019re quite famously connected to bitcoin,\u201d he says.<\/p>\n

\u201cWe have a mutual interest in blockchain and looking at how currencies become more sophisticated.\u201d<\/p>\n

The Winklevii have been long-time bitcoin investors and entrepreneurs, and at one point claimed to own 1% of all bitcoins in existence.<\/p>\n

The pair established Gemini, a bitcoin exchange, in New York this year.<\/p>\n

Kingston says the blockchain will have a wide-ranging impact far beyond just currency, and the investors that get on board now will reap the benefits.<\/p>\n

\u201cBlockchain is perhaps one of the first technologies that disrupts governments and businesses at the same time,\u201d he says.<\/p>\n

\u201cBut we\u2019re yet to see that killer app that really works. It needs to be heavily simplified and there needs to be a lot of trust built up in the core concepts. There are interesting roles it can play beyond the obvious.\u201d<\/p>\n

This sentiment is shared by the Winklevoss twins, with Cameron saying it is a truly global technology.<\/p>\n

\u201cSoftware, and more specifically bitcoin and blockchain technology, are permeating every corner of the world \u2013 this is not a siloed phenomenon but rather a global technology with global reach, so it\u2019s important for us to build as many investment and entrepreneurial bridges to Australia and Asia as possible,\u201d Cameron Winklevoss says.<\/p>\n

\u201cBitcoin and other crypto-currencies are global assets and blockchain technology is a global technology. Just like the internet itself these technologies have a place in every market in the world.\u201d<\/p>\n

Kingston, who will be meeting with the Winklevi again this week, says the famous investors have been a pleasure to work with.<\/p>\n

\u201cThey\u2019re really great guys. They\u2019re really smart and really well connected,\u201d he says.<\/p>\n

\u201cThey\u2019re really nice and down to earth too. They\u2019re just normal people.\u201d<\/p>\n

Follow StartupSmart on<\/em> Facebook<\/a>,<\/em>\u00a0Twitter<\/a>,<\/em>LinkedIn<\/a>\u00a0<\/em>and\u00a0<\/em>SoundCloud<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A Melbourne investor is on the verge of\u00a0establishing a partnership with prominent tech entrepreneurs and VCs Cameron and Tyler Winklevoss<\/p>\n","protected":false},"author":2,"featured_media":62050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/36731"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=36731"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/36731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62050"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=36731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=36731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=36731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}