The Story of Skype - Sten Tamkivi Skype Mar909

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skype, estonia, sweden, ebay, stanford, burton lee

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The Story of Skype - Sten Tamkivi Skype Mar909

  1. 1. The Story of Skype Sten Tamkivi, Chief Evangelist European Entrepreneurship and Innovation Thought Leaders, Stanford University, March 9th, 2009
  2. 2. Skype – The European Innovation Success Story Slide 2
  3. 3. Enabling the world‟s conversations Voice Video Data IM SMS Identity Slide 3
  4. 4. 405 Million 8% 100 Billion Skype-to-Skype Global Users of world‟s calling Minutes as of Feb „08 minutes* *Source: Telegeography 08 28 Languages Available in nearly every country on Earth Over 25% of call minutes carry video 30% of users use Skype for business purposes Slide 4
  5. 5. How it all started  Founded in 2003  Founders: Niklas Zennström (Sweden), Janus Friis (Denmark)  Founding engineers: Jaan Tallinn, Ahti Heinla, Priit Kasesalu, Toivo Annus (Estonia)  Headquartered in Luxembourg, the largest office has always been in Estonia.  Financing  DraperCo seed round before product launch  Launch and initial pickup attracted top VC names: DFJ, Mangrove, Bessemer, Index  2005 acquisition by eBay Inc  US$ ~.5B revenues and 2 years of profitability in 2008 Slide 5
  6. 6. Global VS Local  Global mindset from day 1  First 6 employees from 4 nationalities  First 600 employees from ~40 nationalities  Leveraging local qualities  Estonia – small and efficienct  Europe – cultural diversity Slide 6
  7. 7. Impact to Estonia and Europe  Proof of potential and role model  European entrepreneurship elevated in last few years through Skype, Last.fm, MySQL...  Direct spillover effects  Experienced, networked and funded talent  Giving back to the society, governments: “What do we need to do to have 10 more Skypes?”  Education  Economic environment and regulation Slide 7
  8. 8. Thank you Skype:sten

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