Skype Founder invests $4M in Berlin-based Venture

techcrunch.com

14 points·pace··6 comments

It should be noted that while the first Atomico fund was mostly an internal fund from the Skype founders, the most recent fund was raised like a typical venture fund from a group of limited partners. Also there are folks other than the Skype founders involved and from what I gather they do most of the work with the portfolio companies.

The post makes it sound more like a large angel investment from a single Skype founder and given that a lot of angel investors style their investments as "Something Ventures" without actually raising a fund, it seemed worth clarifying.

Good point. When reading the TC post this is clarified. I used "Skype Founder" as synonym for Atomico in the title for reasons of understandability -- most don't know Atomico from first glance. More precise would be "Skype Founder's Fund invests in ...". But anyway, Niklas has the highest influence regarding investment decisions and HE is the face of Atomico, so it's fair to talk about his investment in the title. Finally, we have a trend that most big investors typically invest through own venture funds.

The post doesn't make it sound like that at all (I'm the author), but this edited headline on HN does.

For what it's worth, Niklas led this round and touted 6Wunderkinder in a press statement.

Ahem. They have one product and it's... a todo-list. And not even a particularly good one.

Atomico desperate for investment opportunities?

That would be a better title: "Skype Founder paid 4m$ for a To-do List" -- damn ;)

> Atomico desperate for investment opportunities?

You can get that impression if you take a look at their current portfolio.

They have one product but their flagship one (at least that's what they hope) is in the works, as the post explains.

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