Winklevoss Capital operates as Cameron and Tyler Winklevoss's personal family office, deploying their own balance sheet built largely from Facebook settlement proceeds recycled into Bitcoin, which gives them unusual flexibility on check sizes and time horizons compared to traditional VC funds. They combine venture investing with operating Gemini exchange infrastructure, allowing portfolio companies to plug directly into a regulated crypto platform while backing both digital assets and startup equity based on their conviction that crypto represents the "internet of money."