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I Love the Smell of Settlement in the Morning: Skype Founders Set to Get 10 Percent, Option to Buy Three Percent More and Two Board Seats
According to several sources close to the situation, barring any unforeseen delay, a deal to settle the Skype imbroglio is likely to be announced around the time the markets open tomorrow. [UPDATE: The paperwork is taking longer than expected, so sit tight, said sources.] While the massive agreement–which will settle three aggressive lawsuits lobbed by [...]
Jan 10th, 2011 | Filed under News -
Volpi and Index Ventures Out of Skype Deal, the Lawsuit-Happy Founder Twins In
According to sources close to the situation, Index Ventures and Michelangelo Volpi are out of the deal to buy Skype–and their lawsuit-loving nemeses, the founders of the Internet telephony service, are in. Skype founders Niklas Zennström and Janus Friis had sued Index and partner Michelangelo Volpi via tech companies they control, Joltid and Joost. The [...]
Jan 10th, 2011 | Filed under NewsTags: Chunk, Confidential Information, Court Filings, Ebay, Ebay Ebay, Ebay News, Founders Of The Internet, Index Sources, Index Ventures, Internet Telephony Service, Janus Friis, Michelangelo Volpi, New York Times, Niklas, Om Malik, Settlement Talks, Situation Index, Skype, Software Licensing, Venture Firm