Skype: What Should Ebay Do?
Poster: Aron Schatz
Posted on October 2, 2007 at 2:31:07 PM
Since acquiring Skype, Skype has been devalued. Ebay is losing money because of the acquisition and what should Ebay do? Dump them...
Quote
On Monday, eBay said it would take a $900 million so-called impairment write-down against the value of Skype. This means that eBay has been forced to reassess the value of the Internet telephony company relative to its overall business today. By recording a charge, the company is essentially saying that it has taken a loss on its original investment. In what looks like an attempt to shake things up at Skype and move the division in a new direction, eBay also said Monday that Skype co-founder and Chief Executive Niklas Zennstrom has stepped down.