eBay may sell off Skype

Posted Apr 19th, 2008 by Chief Gadgeteer

The ink had barely dried on the agreement to buy Skype before analysts were criticizing eBay’s $3.1 billion decision. Yes, that’s ‘billion’ with a ‘B’. Now, it looks like eBay is pondering selling it off.

Their reasoning is that if they can’t find a way to integrate it into their core business which is online marketplaces, then it’s of no use to them. I don’t completely agree, but I applaud eBay for having the fortitude to face up to and act on their bad decision quickly. AOL Time Warner comes to mind as an example of the opposite.

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Comments:

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