I found Skype in a newspaper article. The two guys who started Kazaa were building something new using the same file-sharing technology, but for a completely different purpose. I asked Howard Hartenbaum to have a look for me. He did and told me I should get out to London to meet them. I met Niklas Zennström in a London pub. He walked me through his plan to build a network of shared Wi-Fi. The business was called Shyper. I was impressed enough to offer to fund him and his partner, Janus Friis. He called a week later with a change of plans… "Change of plans. We are going to go after the long-distance carriers. Do you still want to invest?" I said yes. My partners had concerns about the file-sharing history, so I passed the seed to my dad, Bill Draper. I eventually funded Skype through DFJ ePlanet Ventures, our first international fund. When Skype had three million audio users, I flew to Tallinn for a board meeting. I asked Niklas to set up video conferencing equipment so I could interview him for a Tony Perkins event in Palo Alto. After the interview, Niklas laughed and said: "That was the first Skype video call ever." I hadn't even known they were working on video. Skype sold for $4.1 billion to eBay in 2005.(Tim Draper)