Skype Office, Stockholm, Sweden

By early 2008, the tumultuous ownership relations between the Founders and eBay had resulted in significant leadership churn, with a succession of Skype presidents including Niklas Zennström, Rajiv Dutta, Alex Kazim, Niklas Zennström (again), and Henry Gomez, all holding that title at various points between 2005 and 2007. The business had failed to meet certain earn-out targets, growth was decelerating, product development had slowed significantly, and in October 2007 eBay took a $1.4 billion 'impairment' on the value of Skype, admitting it had overpaid, and now valuing the company at about $2.7 billion.
In October 2008, analysis revealed TOM-skype — the Chinese version of Skype run by TOM Online — sends content of text messages and encryption keys to monitoring servers.
• Two original founders depart and new CEO appointed
For the six months after the departure of Niklas and Janus, Michael van Swaaij led the company as Interim CEO, until the appointment of Josh Silverman in February 2008. Silverman was "widely viewed as bringing in stability to Skype after a tumultuous phase that followed the exit of the two Skype co-founders." Under Silverman's 2.5 year tenure, the company focused its product efforts around video calling, ubiquity (gaining high penetration on smartphones, PCs, TVs, and consumer-electronic devices), building tailored offerings for enterprise customers, and diversifying revenue through subscriptions, premium accounts and advertising.