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This acquisition certainly makes a hell of a lot more sense than the lame eBay purchase. Seriously, how did anyone convince the board at eBay that purchasing S
by Osiris 16y ago
This acquisition certainly makes a hell of a lot more sense than the lame eBay purchase. Seriously, how did anyone convince the board at eBay that purchasing Skype would be a good thing?
At least Cisco is in the telecommunications business and could roll the Skype brand and tech into real products.
- huhtenberg 16y agoI was in the same state of WTF until I asked about it a friend of mine, who was the CEO of one of larger Boston startups. It took him a couple of minutes to crunch the numbers in his MBA head and to show that eBay's purchase price was reasonable. Apparently it was a viable business transaction when it was conducted (excluding the not-purchasing-the-core-technology part).
- arethuza 16y agoOf course another possible explanation for this is that MBAs are all taught to value things the same (crazy) way and he is simply running the same valuation calculation as the MBAs at eBay and coming up with an equally crazy answer.