eBay's $2.6 Billion Bet on Skype Doesn't Pay OffRob Hof
eBay mystified me and many other people when it bought Skype, the Internet telephony startup eBay bought in late 2005 for $2.6 billion plus a potential $1.7 billion incentive payout. I never did quite figure out the connection to eBay’s main business, but I came to think that Skype could become a good business in its own right. Apparently not so much. At least under eBay.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.