eBay may sell off Skype

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.