Thursday, November 05, 2009

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 | Kara Swisher | BoomTown | AllThingsD

More Skype++ details

Sources also said that, as part of the deal to end the legal madness, Zennström and Friis will get 10 percent of Skype back for rights to key software technology they control, an option to pay $83 million for another three percent of the Internet telephony service and two seats on the 23-member board.

[…]

“[Zennström and Friis] got what they wanted by using Volpi as a pawn and the lawsuits as a club,” said one persons close to the situation. “Everyone is moving on, but not everyone is going to forget what they did to get what they wanted.”

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 | Kara Swisher | BoomTown | AllThingsD

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