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And so eBay Over-bided

Written by ShopOne on October 25th, 2007 in Linked News, News & Reports.

Via Techcrunch… eBay bought SKYPE for a huge chunk in the hopes of integrating the SKYPE VOIP at eBay scheme of things. What eBay managers did not foresee is, having seller and buyer being able to communicate realt-ime using SKYPE, they could transact without going thru eBay. Thus, no eBay Sales Cut! So the plan to integrate SKYPE to eBay has been shelved. And I thought Whitman and company are all geniuses. Now, they are still justifying the SKYPE purchase with statement like, “In this business the cost of inaction is far greater than the cost of making a mistake.”


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