I could spend this space ridiculing eBay for overpaying for Skype, whose investors had put two years and $20 million into the company for a return of 12,899.88 percent. Nice work if you can get it. But let’s instead make the assumption that Meg Whitman and her business development people have NOT been smoking Arkansas polio weed and instead know something the rest of us don’t. What makes Skype worth that kind of money to eBay?

Great post can be found here:
http://www.pbs.org/cringely/pulpit/pulpit20050915.html

I just wish Cringely would blog more. With NerdTv we now get him 2x a week and it is still not enough.

Posted in: EBusiness.
Last Modified: September 17, 2005

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