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Microsoft perhaps overpaid for Skype, which is reminiscent of something that happened in the past. Google wanted to acquire a 2.5%-5% stake in Facebook at a $1
by orijing 15y ago
Microsoft perhaps overpaid for Skype, which is reminiscent of something that happened in the past.
Google wanted to acquire a 2.5%-5% stake in Facebook at a $10 billion valuation in 2006 or 2007 (forgot), but Microsoft came in for a 1.6% stake at a $15 billion valuation. It seems like Microsoft is always competing with Google to acquire a company (or a share of it), and as a result it ends up paying significantly above what Google offers.
In the end, the Facebook investment worked out for them but I'm not sure if it was the best decision at the time.
Perhaps Microsoft can do something with Skype.