Really? Skype loses money year after year. The tech team is great, but the
business unit suck hind tit.

On Tue, May 10, 2011 at 3:57 PM, Maureen <[email protected]> wrote:

>
> eBay saw the potential and bought Skype but then didn't know what to
> do with it.  The usage is much greater now, and the valuation higher
> than it was in the eBay days.  The current management has done an
> excellent job of market placement.
>
> On Tue, May 10, 2011 at 6:48 AM, Ray Champagne <[email protected]>
> wrote:
> >
> > Yes, they sold it to a private equity firm a couple years back for like a
> > $1.2 billion loss.
> >
> > Which is why I don't understand the valuation by MS.  eBay bought Skype
> in
> > 2005 for $3.1 billion, then sold it for a huge loss.  Now I'm expected to
> > believe that it's worth about 3X that 2005 price?  Something's fishy.
> >
> > http://www.wired.com/epicenter/2011/05/microsoft-buys-skype
>
> 

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