There is a good likelihood that Skype; its founders, Niklas Zennstrom and Janus Friis; and a group of private equity investors led by Silver Lake Partners are close to settling their legal disputes, allowing eBay to sell 65 percent of Skype for about $2 billion.
Tech
If history is any guide, then recent actions by Skype co-founders Janus Friis and Niklas Zennstrom indicate that they wouldn’t hesitate killing off their own creation, unless eBay settles and pays them a lot of money. Here is why: Friis and Zennstrom had earlier… Read More »
Former Joost CEO Mike Volpi won’t be waiting in line at the unemployment office. He’s landed at Index Ventures — which invested in Joost two years ago. It seems they still believe in Volpi, even if his company did implode. Volpi will work out… Read More »
Joost, a much-vaunted online video startup, has announced that it will offer a white-label video hosting platform, thus entering a crowded market littered with the carcasses of other failed video hosts. As someone who has followed Joost from its very inception, I’m amazed at how badly… Read More »
Mike Volpi, CEO of Joost, spent his first weekend in California in many months dealing with the blowback from a story in The Sunday Times (of UK) that has the company scaling back its global ambitions in favor of a US-only focus. We talked earlier… Read More »
The exodus of senior management at Cisco Systems (CSCO) continues. Today, Chief Development Officer Charlie Giancarlo and the #2 man at Cisco resigned. He is joining buyout shop, Silver Lake Partners. He was amongst the trusted lieutenants of CEO John Chambers, but like many others… Read More »
