Skype secures $18.8m funding

[Dave Farber <dave () farber net>]

I seem to miss the business model until they get POTS access? djf


Delivered-To: dfarber+ () ux13 sp cs cmu edu
Date: Mon, 15 Mar 2004 08:22:08 -0800
From: Dewayne Hendricks <dewayne () warpspeed com>

[Note:  This item comes from reader Claudio Gutiérrez.  DLH]

At 12:11 -0400 3/15/04, Claudio Gutiérrez wrote:
> Date: Mon, 15 Mar 2004 12:11:50 -0400
> From: Claudio Gutiérrez <gutierrezclaudio () terra cl>
> To: Dewayne Hendricks <dewayne () warpspeed com>
> Subject: Skype secures $18.8m funding
>
> Skype secures $18.8m funding
> Skype, a London-based company that is enjoying strong growth with software 
> enabling free phone calls over the internet, has secured $18.8m in 
> second-round funding. Skype appeared to have traditional 
> telecommunications companies worried as it has considerable potential to 
> undermine their charging structures. BT attacked the nascent service last 
> week, saying that Skype rhymed with hype and claiming its service was 
> "primitive" compared with a rival product BT would launch this year. 
> Skype's software has been downloaded 8.7m times since it was released 
> slightly more than six months ago. PC users with headphones, a microphone 
> and an internet connection can call others with Skype software free, 
> anywhere in the world, in better-than-phone quality. An original backer, 
> the Silicon Valley venture capital group Draper Fisher Jurvetson led the 
> round with Index Ventures, a Swiss-based venture capital company. "The 
> Skype team boasts some of the world's great corporate innovators and it is 
> the hottest viral marketing phenomenon since Hotmail," said Tim Draper of 
> DFJ, in a reference to the Microsoft-owned Web e-mail service.

Archives at: <http://Wireless.Com/Dewayne-Net>
Weblog at: <http://weblog.warpspeed.com>



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