Tag Archives: Niklas Zennstrom

Top venture capitalist shuns ‘over crowded’ chat apps market

Plans to invest in less risky firms

Developers of fast growing chat apps are unlikely to get any backing from venture capitalist Atomico, its CEO has revealed, despite the fact it has just put together a new $476 million war chest to invest in tech firms. Niklas Zennström, CEO of London based Atomico and who previously founded messaging service Skype, says the sort of start-ups he’ll be looking to invest in instead will be those with an international outlook and which, more importantly, typically make money from transactions such as online payments firm Klarna, or Supercell – which sells in-game items for players of its titles Clash of Clans and Hay Day. Continue reading

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Skype & TravelSim offer free calls to World Cup footie fans

Aimed at those going to the World Cup in Brazil for Summer 2014

Let’s face it. It has been estimated that for soccer fans travelling from England it will cost around £10, 000 in flights, tickets and accommodation. And that’s just for the three opening group games. Love ones left at home are bound to worry. Which is why two Estonian based technology firms TravelSim and Skype have teamed up to make it free for Skype users to call all TravelSim mobile users. The beauty of this arrangement is that the TravelSim user doesn’t even need a data connexion. Continue reading

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