eBay, Skype and Big Bucks

eBay has started to charge Skype users fro the new year. Not in the least surprising. An exodus of early Skype employees continues. What was eBay thinking when they paid billions for Skype?

Build something cool, give it for free, burn cash until the white knight steps forward with a huge check and the investors (and sometimes the founders too) laugh all the way to the bank. One could argue that this kind of madness does drive innovation while making a handful of founders and investors obscenely rich. Not a bad deal if you are not an eBay shareholder or ….

Btw, when is Google gonna start charging for Youtube? šŸ™‚

Author: Pran Kurup

Pran Kurup is founder and CEO of Vitalect, Inc.

%d bloggers like this: