Skype is finally free — eBay settles with Skype co-founders, clearing way for buyout

Skype is finally free — eBay settles with Skype co-founders, clearing way for buyout

EBay has settled with the founders of Skype, clearing up some nasty lawsuits that had stood in the way of a  Skype acquisition. Now the Internet phone company to be sold to a consortium of investors that includes Skype’s co-founders.

Private equity firm Silver Lake Partners… Continue Reading

Skype cofounders seeking $266M for their Atomico Ventures fund

Skype cofounders seeking $266M for their Atomico Ventures fund

Skype cofounders Niklas Zennström and Janus Friis are raising $266 million for their new fund, Atomico Ventures, within the year. This timeline — expedited by placement agent Probitas Partners — requires limited partners to provide a minimum of $13.3 million.

Based on Grand Cayman island (a… Continue Reading

The Venice Project — a Skype for TV

The Venice Project — a Skype for TV

The Skype co-founders Janus Friis and Niklas Zennstrom signed an accord with eBay when their company was acquired.

Under that accord, they can not use Skype peer-to-peer technology to launch another business in the telephony area. So that leaves video.

And once you’ve got entrepreneurship in your… Continue Reading