Zennström: Prepaid SkypeOut Cash Flow Preserved Skype's $20M Series B
Niklas Zennström · Skype and Kazaa: Niklas Zennström · Mar 17, 2025 · at 48:48
Niklas Zennström details how Skype's prepaid outbound telephony monetization model generated enough cash flow in 2004 to preserve their venture capital reserves.
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“A lot of people picked up on this, I think kind of five, six percent or something of users. It was actually very, very popular. So we started collecting a lot of cash. So we didn't really have to touch that money that the twenty million that we raised in a series B, we didn't really have to touch it that much actually.”
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