Zennstrom says the service has been growing users at a rate of about 40% week-over-week.
FORBES: Wrapp: Zennstrom-Backed Startup Reinvents The Gift Card
Despite carrying out detailed surveys before buying it, Mr Zennstrom claims major defects were only discovered later.
Ran, skippered by Niklas Zennstrom and one of the pre-race favorites for line honors, had yet to finish.
Skype's early boom was enough for Mr Zennstrom to declare that charging for calls belonged to "the last century".
In interviews with FORBES in late December, Zennstrom and Winbladh laid out the case for how Wrapp plans to reinvent the gift card business.
FORBES: Wrapp: Zennstrom-Backed Startup Reinvents The Gift Card
Zennstrom and Friis hope to charge high enough rates to make up for the limited number of ads, because spots will be targeted to users by geography, demographics and cultural tastes.
Startup FreedomPop, which is backed by Skype co-founder Niklas Zennstrom, DCM and Mangrove Capital, provides cheaper Internet access and the ability for people to share access with others on its network.
FORBES: FreedomPop Preps Open Wi-Fi, Launches Free Home Internet Challenging ISPs
The deal shows how far Skype has come since it was launched in 2003 by Niklas Zennstrom and Janus Friis, two men who had created a file-sharing technology called Kazaa that became widely associated with music piracy.
In a preliminary hearing last year at the Technology and Construction court at the Royal Courts of Justice in London, Mr Zennstrom and his wife Catherine said the house in the exclusive estate of Crowsport was so poorly constructed it was simply "not fit for habitation".
Last December ten times as many came and on the stage were plenty of Europeans, including Marten Mickos of MySQL, a maker of databases now owned by Oracle, a software giant, Marc Simoncini, founder of meetic.com, Europe's largest dating site, and Niklas Zennstrom, who started Skype.
According to the Financial Times report, Janus Friis and our man Niklas Zennstrom -- whom you may know from a little company called Skype -- are supposedly developing a peer-to-peer IPTV service with the intention of distributing video online the same way Skype and its P2P approach distributed VoIP calling online.
ENGADGET: Skype founders to launch P2P IPTV for millions of people?
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