All you 480 million Skype users out there should be rejoicing today, now that the Internet calling and video service has been freed from the clutches of eBay.
As was announced this morning, eBay is selling a 65% stake in Skype for $1.9 billion in cash to a group of private equity shops and venture capitalists. The deal also includes a loan from eBay of $125 million.
So let's call it $2 billion. That's MOREMichael V. Copeland, Senior Writer - Sep 1, 2009 4:34 PM ET
Will 2009 go down as the year the tech IPO returned?
If you have been an investor in technology IPOs in recent months you've done well.
Starting in April, and really gathering momentum this summer, there has been a slew of tech companies that leapt through the public market window including Changyou (CYOU), Rosetta Stone (RST), OpenTable (OPEN), and most recently Emdeon (EM).
According to IPO research firm Renaissance Capital, the average overall MOREMichael V. Copeland, Senior Writer - Aug 25, 2009 6:00 AM ET
By Michal Lev-Ram
HALF MOON BAY, Calif. - The next big thing in venture capital is small investments, according to a panel of Silicon Valley investors who appeared at Fortune's Brainstorm Tech conference on Tuesday.
"There's no IPO market to speak of right now, big companies like Google (GOOG) and Microsoft (MSFT) are doing far fewer deals than in previous years, so where are the exits coming from?" asked Adam Lashinsky, Fortune MOREMichal Lev-Ram, writer - Jul 22, 2008 7:09 PM ET
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