Tim Draper has his sites set high with his investment in Skype Technologies SA. He said he
won't sell a share in the company until it has achieved a valuation of $100
billion. In the world of reality, that's either a joke (most likely) or a
promise to lose his $10 million investment in the company.
Skype is certainly growing at an outrageous rate. But, the observers watching the live interview of Draper and Skype CEO Niklas Zennstrom by AlwaysOn founder Tony Perksins and journalist Bambi Francisco this morning at the AO2005 Innovation Summit weren't convinced of the $100 billion claim. Here is a selection of their comments about Draper:
stevenzenith: he does like to hype it up
redbird: skype or hype?
stevenzenith: ask tim - he used to say nanotech
Quickly: Skype=Netscape
Jonathan: DID YOU FORGET WHAT HAPPENED IN 1999
William: CASH OUT!!!
Mosaic: tim is overmodulating.......
buell: pigs get fat hogs get slaughtered
Chris Heuer: think time difference and jet lag folks
stevenzenith: he's one happy VC, for sure
Scandinavian: Come on, how many here would not give their right arm to have
Tim on their board —Joshua Jaffe
Go to the AlwaysOn webcast
Go to Paul Kedrosky's take on the interview
Go to Chris Heuer's coverage of the conference's launch event last night




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