Posted by: Ivy Wigmore
It happened. Skype’s avalanche of positive cash flow attracted a bid by Skype’s founders. But others beat them to it, as last week’s rumors as reported by Mike Arrington or The Sunday Times came true.
Mark Andreessen and fellow investors plunked down $1.9b cash and allowed eBay to retain 35% investment equity. The total value is reckoned to be $2.7b. Here’s the press release.