In this week’s show we explain popular VC jargon in layman’s terms and sit down with Saul Klein of Index Ventures and Seedcamp.com, to talk about networking essentials for early European start-ups and the cultural differences between US and UK start-ups.

I asked Klein for insight on eBay’s recent admission that they overpaid when they dropped $2.6 billion on Skype. Klein, the former VP of marketing at Skype, has some interesting things to say about Niklas Zennstrom’s exit from the VoIP company. (Zennstrom cofounded Joost after he left Skype.)

Grab the show in Windows Media, Quicktime or Xvid formats.