Dyne was an investor and board member of Friis’s ill-fated music streaming service Rdio, which filed for bankruptcy in 2015. He was still on the board when it was eventually sold to Microsoft in 2011.ĭyne and Friis worked together extensively in the years after Skype. He remained on the board through its sale to eBay for more than $2.6 billion in 2005, and was part of the group that bought Skype from eBay in 2009. Founding storiesĭyne was a key player in the history of Skype, as one of its original investors and its first board member. “ unfortunately believes he is always entitled to have what he wants, can force others to do what he wants, and can re-write history (and agreements) whenever it suits his present purpose,” reads the complaint, filed in July, but not previously reported. Dyne and his partners also allege (and dismiss) accusations by Friis that they had fiduciary duties to him when they found funding for and restructured Wire. The heart of the dispute is whether Dyne and his partners, who had managed some of Friis’s investments, were working for - or simply with - the Skype co-founder when they organized a rescue package for Wire in 2019.Īt stake is who gets to control Wire and the financial return each side gets from Starship.ĭyne and his investor partners accuse Friis of illegally replacing one of them as a director of a general partnership that manages Wire, and conspiring to reduce their interest in Starship Technologies. The lawsuit is complex, with plenty of twists, turns and allegations. TechCrunch has learned that Mark Dyne, one of Skype’s founding investors, is suing billionaire Skype co-founder Janus Friis in California’s Superior Court for the County of Los Angeles for unlawful conspiracy in his business dealings. A new lawsuit threatens a decades-long collaboration that brought Skype, robot delivery startup Starship Technologies and encrypted enterprise messaging service Wire into the world.
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