Skype – Can it last

Skype is wonderful and I use it all the time.  However, I do wonder if it is a viable business model.

  • eBay bought it for 3.1 billion in 2005 (now seen as one of the worst technology buys of the decade)
  • eBay wrote down 900 million of the purchase as unrecoverable
  • eBay is now rumored to be selling Skype for 2 billion
  • Skype has expected revenues of 600 million in 2009 (note this is not profit) I’m amazed it can generate this much revenue.
  • eBay and Skype founders are fighting it out in UK courts on the core technology

http://tinyurl.com/mpnt8g

1 Comment »

  1. Baoman said

    http://mashable.com/2009/09/01/ebay-sells-skype/

    Ebay got 2.75 billion in the end. Not bad but it still seems like a waste of time for eBay and Skype. Hope the new owners figure out a way of making Skype the standard platform for VOIP. The latest release is a big improvement in sound and video quality.

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