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Do you have a source for "32x earnings"? I suspect it's even worse than that. In other HN thread someone mentioned the price was about 300x earnings, and via go
by nandemo 15y ago
Do you have a source for "32x earnings"? I suspect it's even worse than that. In other HN thread someone mentioned the price was about 300x earnings, and via google I could find this:
Skype's revenues for the first six months of 2010 were $406 million, with a net income of only $13 million.
- adw 15y ago32x EBITDA (the net income is artifically low thanks to one-off writedowns).