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	<title>eBay &#8211; Linked and Loaded</title>
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		<title>Skype founders sue eBay</title>
		<link>https://www.linkedandloaded.com/2009/09/16/skype-founders-sue-ebay/</link>
					<comments>https://www.linkedandloaded.com/2009/09/16/skype-founders-sue-ebay/#comments</comments>
		
		<dc:creator><![CDATA[Staff]]></dc:creator>
		<pubDate>Thu, 17 Sep 2009 02:43:10 +0000</pubDate>
				<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[New Media]]></category>
		<category><![CDATA[copyright]]></category>
		<category><![CDATA[copyright lawsuit]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[eBay epic fail]]></category>
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		<category><![CDATA[Janus Friis]]></category>
		<category><![CDATA[Joltid]]></category>
		<category><![CDATA[Niklas Zennstrom]]></category>
		<category><![CDATA[Silver Lake Partners]]></category>
		<category><![CDATA[Skype]]></category>
		<category><![CDATA[Skype copyright lawsuit]]></category>
		<category><![CDATA[Skype founders]]></category>
		<category><![CDATA[Skype lawsuit]]></category>
		<category><![CDATA[Skype sale]]></category>
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		<guid isPermaLink="false">https://www.linkedandloaded.com/?p=21</guid>

					<description><![CDATA[Here&#8217;s a strange story. The founders of Skype are escalating their legal battle with eBay. Niklas Zennstrom and Janus Friis, who became billionaires after selling Skype to eBay in 2005, filed a copyright lawsuit on Wednesday against Skype in the United States District Court of Northern California. The suit comes a little more than two [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Here&#8217;s a <a href="http://www.nytimes.com/2009/09/17/technology/companies/17skype.html?ref=business" target="_blank">strange story</a>.</p>
<blockquote><p>The founders of Skype are escalating their legal battle with eBay.</p>
<p>Niklas Zennstrom and Janus Friis, who became billionaires after selling Skype to eBay in 2005, filed a copyright lawsuit on Wednesday against Skype in the United States District Court of Northern California. The suit comes a little more than two weeks after eBay announced it would sell most of Skype for $1.9 billion to a consortium of investors led by the private equity firm Silver Lake Partners.</p>
<p>In the court filing, Joltid, a company owned by the Skype founders, claims that eBay violated copyright law by altering and sharing the peer-to-peer source code behind the free Internet calling service. The Skype founders maintained ownership of that source code after selling Skype to eBay in 2005, and licensed it to eBay.</p>
<p>Joltid seeks an injunction and statutory damages, which it says could total more than $75 million a day. The lawsuit also names as defendants Silver Lake Partners and its partners in the buyout, Index Ventures, Andreessen Horowitz and the Canada Pension Plan Investment Board.</p></blockquote>
<p>Perhaps I&#8217;m missing something, but eBay spent <strong><del datetime="2009-09-17T14:45:38+00:00">$1.9 billion</del></strong> <strong>$2.6 billion</strong> to acquire Skype, yet somehow structured a deal that permitted the founders to retain the copyright to the source code?!?! This sounds absurd.</p>
<p><strong><em>UPDATE:</em></strong> <em>BusinessWeek</em> is <a href="http://www.businessweek.com/the_thread/techbeat/archives/2009/09/skype_lawsuit_m.html?chan=technology_technology+index+page_top+stories" target="_blank">reporting</a> that the lawsuit might complicate eBay&#8217;s proposed sale of Skype. Dumbasses!</p>
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