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Andreessen Horowitz ebay Marc Andreessen Skype

Skype purchase

19 Nov, 2009

Ebay sells Skype at a value of $2.75 billion to Silver Lake Partners, which includes Joltid, the Canada Pension Plan Investment Board, and Andreessen Horowitz. SLP acquires a 70 percent stake in the Internet communication company. Andreesen notes:

Skype is gigantic and yet still a relatively small percentage of international call volume. This is, and ought to be, one of the most important companies on the Internet.