The New York Times is reporting that Skype's cofounders Niklas Zennstrom and Janus Friis will become significant owners of the investment group buying a 65% interest in Skype from eBay for approximately $1.9 billion in cash (which values Skype at $2.75 billion).
Simultaneously, it now appears Mike Volpi is being kicked to the curb by the very same investment group he organized to purchase Skype from eBay!
In a fascinating development, copies of Mike Volpi's email messages that appeared within legal litigation exhibits (page 6), reveal he had absolutely no problem stepping on the toes of his former employer, Cisco Systems (which is quite interesting because Volpi was considered by many to be the most likely Cisco executive to succeed John Chambers as Cisco's CEO).

For example, in the email message below, Mike Volpi bragged to Index Venture partner Danny Rimer that he could steal Cisco's top technical stars (it's also possible that Index Ventures has been kicked out of the Skype ownership investment group too, along with Volpi):
"Jonathan Rosenberg (at Cisco) is the father of SIP, I could get him to jump ship.
"Know a slew of other VoIP people that could kick ass from my Cisco days."
February 23, 2009 email message from Mike Volpi addressed to Danny Rimer bragging about Volpi's ability to steal Cisco stars:
Cisco technical star Jonathan Rosenberg replied to Volpi that he was interested in discussing Skype.
June 16, 2009 email message from Jonathan Rosenberg addressed to Mike Volpi:
Furthermore, Skype buyout investor - Egon Durban was enthusiastic about Volpi's idea of stealing Cisco stars.
Durban emailed Volpi about Jonathan Rosenberg - a Cisco Fellow in Cisco's Voice Technology Group:
"Hopefully your VoIP assassin, Rosenberg, provides the vision to create the 'new' scalable platform for us, return on invested capital attractive of course..."
Volpi's email reply to Durban?
"Rosenberg can be our architect, but need a few Indians, not just the chief..."
June 20, 2009 email message from Mike Volpi addressed to Egon Durban:
Embarrassingly, Volpi dumps on his former Cisco colleague and friend, Charlie Giancarlo - Managing Director of Silver Lake Partners and Skype investor:
"Charlie is a good guy, but not a superstar either.
"His core asset at Cisco is that he was much more inclined to say 'Yes' to John than I was."
Stunningly, Volpi then revealed how he was using his friendship with Giancarlo:
"I think the Charlie angle is to keep Dave Roux on track (who is ultimately the decision maker there)."
Volpi also had some unkind words about Silver Lake Managing Director - Egon Durban, who was leading the Skype investment for Silver Lake:
"On the Silver Lake front, I totally get that it's Egon's deal, I didn't like him that much, but happy to develop the relationship there."
May 13, 2009 email message from Mike Volpi addressed to Danny Rimer where Volpi dumps on Charlie Giancarlo:
Shockingly (at least in my opinion), while still employed as the CEO of Joost, Volpi emailed Danny Rimer on June 8, 2009 that he met that day with eBay CEO - John Donahoe with regard to buying Skype and had told Donahoe:
"I told him that I would be disposed to spending 1-2 days a week on the deal in London which he was excited about."
However, in the same email Volpi appeared none too impressed with Donahoe:
"It's clear that he is not really 'visionary' when it comes to Skype and he seemed very interested on getting my views of it."
June 8, 2009 email message from Mike Volpi addressed to Danny Rimer:
What's your take on Mike Volpi?
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Is Jonathan Rosenberg still
Is Jonathan Rosenberg still with Cisco?
Rosenberg to speak at Interop New York 2009 this month
Interesting that you should ask, it appears Jonathan Rosenberg will be speaking on November 16th during the IT Workshops - Interop New York 2009 Conference & Expo:
Sincerely,
Brad Reese on Cisco
Network World Cisco Subnet
BradReese.Com Cisco Refurbished
Enabling Affordable Networks
wow
The arrogance of Cisco and ex-Cisco Execs is incredible.
arrogance of Cisco?
What, exactly, did Cisco do wrong here? All of these people are EX-Cisco -- and perhaps for a reason?
Volpi's a pretty shade dude
People "in the know" full well know what led to the abrupt "departure" of rising superstar Volpi.
Good post, Brad. Keep up the excellent work.
And to the poster who questioned "what did Cisco do wrong here?". You are being facetious, right? LOL
Cisco needs to get rid of all these shady dead woods and should seriously consider hiring some hot chicks. Maybe the sheer thought of some "eye-candy" around SJC would calm down my good friend CC. ;-)
Best,
Nice picture, btw
Nice pic of Volpi up there, btw. LMAO!!!!!
Sorry for the typo. I meant to say that Volpi's a pretty shady dude..... he's truly quite the unsavory type.
Best,
CLM
Career limiting move - for a guy who was supposedly going to be the next Chambers...
Indians
"Rosenberg can be our architect, but need a few Indians, not just the chief..."
If you are not from Cisco, he means real Indians, it's not a figure of speech. LOL.
Please Dish Cisco People!!!
@ Corporate Renegade: For those of us not "in the know" - would you care to share why he actually left Cisco? Very interesting, and now - very relevant.
It's relevant because it helps solve a mystery - how could this guy be so successful within a company like Cisco but then go on to tank a hot startup (problematic to be sure, but it was hot and loaded for bear when he joined), and then so carelessly screw up a $2.7B deal as his next (final?) act? It just doesn't stitch together. Maybe if we knew the "real" story behind his departure from Cisco we'd understand.
Let's break the news right here on Brad's blog.
Volpi
Was he successful in Cisco? He was responsible for spending billions on acquisitions that rarely added value, was arrogant beyond belief and was finally moved out. Cisco leadership was loyal to him and gave him every opportunity, but ultimately he could not build a team, the very essence of successful leadership.
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