Skype (2003)
<p class="default"><span style="color: #000000; font-size: 8pt; font-family: Arial;">bought by eBay for $2.6B 9/2005</span></p>
<p class="default"><span style="color: #000000; font-size: 8pt; font-family: Arial;">spun out to investors for $2.75B 9/2009</span></p>
<p class="default"><span style="color: #000000; font-size: 8pt; font-family: Arial;">bought by Microsoft for $8.5B 5/2011</span></p>
<p class="default"> </p>