A View on View :: More Skype Doubters

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More Skype Doubters

by Mark Evans on Tue 13 Sep 2005 10:39 AM EDT | Permanent Link

Add The Street.com's Scott Mortiz to the group of people starting to scrutinize eBay's $4.1-billion foray into VOIP (check out my second thoughts post). An issue that deserves more attention is why eBay felt it had to make the deal - as opposed to how Skype's investors hit the jackpot. You have to wonder if eBay has conceded the high-growth days of its core auction business are numbered - not withstanding its good second-quarter results. If that's the case, it may explain why investors seem less than overwhelmed given how eBay shares have performed recently.

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Re: More Skype Doubters

by blogger_brent on Tue 13 Sep 2005 12:38 PM EDT | Profile | Permanent Link

The really interesting part of this story is why did Yahoo and Google pass (valuation?) and when did they pass (before or after the Google telephony announcement). Who was the ibank that worked for Skype? Did they shop it or was this inbound interest only? Speaking to the bankers might enlighten us all as to why eBay pulled the trigger...

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