Skype Founders Raise Money to Buy it Back

Skype founders Niklas Zennstrom and Janus Friis became billionaires when the sold the Internet phone company to eBay in 2005 for over $3 billion. Since selling their baby, the duo hasn’t slowed down – they’ve founded a venture capital firm and supported video service Joost.

Now, however, it seems that the two have another business move in mind – buying back Skype. When eBay bought the service, it had around 53 million users, but today, there are more than 405 million people using Skype to make free calls between one another and very cheap international calls to non-Skype users. In the …read more