LOSER: Index Ventures and Mike Volpi got pushed out of the deal
Index Ventures, the most prominent European VC firm and an original investor in Skype, was slated to invest in the Skype spinoff, but got pushed out by the Skype founders' lawsuit.
In particular Mike Volpi, a former top Cisco exec and CEO of Joost, the Skype founders' next venture, was sued by the Skype founders and booted out. If we were him, we'd be drinking heavily right now.
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