The Deal
Tuesday, January 6, 
4:17 pm


[Posted on July 20, 2005 - 3:35 PM]

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


Post a comment




Search


The Tech Confidential Network
The Tech Confidential Network unites the leading voices from around the Internet on the topics of high-tech startups, venture capital and investment exits. Bloggers and publishers that want to expand their readership and monetize their content are encouraged to apply to join the Tech Confidential Network.


Video
 




Windward Ho!

Startups In New York




Syndicate


Fast Search


Categories
Monthly Archives

©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.
Sponsored by