According to VentureBeat.com, Skype cofounders Niklas Zennstrom and Janus Friis’ investment group Atomico Ventures, have just recently invested US$6 million in UK penny auction site MadBid.com.
MadBid.com was launched in August 2008 in London UK and they are now the UKs leading pay-to-bid auction site.
Full story: venturebeat.com/2010/07/26/atomico-ventures-skype-madbid-com
Saturday, August 7, 2010
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I can't believe. This type of auction is some day going to compete with e-bay!
ReplyDeleteThats awesome... but I heard that Microsoft is going to buy skype - so how will that affect on this entire issue? will it help or hurt the MadBid site?
ReplyDeleteI heard of it about a month ago! US$6 million is really big enough for the price of skype. that pay-to-bid auction site really put that price on it! haha! competing with e-bay
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