Ebay bought Skype for $2BILLION?

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  • Rochard
    Jägermeister Test Pilot
    • Dec 2001
    • 75762

    #1

    Ebay bought Skype for $2BILLION?

    Am I'm reading this correctly? Ebay bought Skype for two billion dollars?

    Why in the world would anyone spend $2 billion for a company that makes twenty-five million a year?
    Herschel Savage
    Brooklyn, NY
  • fetishblog
    Confirmed User
    • Sep 2005
    • 5995

    #2
    Nobody ever said rich people were smart.

    Fling.com doesn't steal your traffic and sales unlike some other dating companies. I promote them, and so should you!

    Comment

    • xclusive
      Too lazy to set a custom title
      • Apr 2004
      • 35218

      #3
      That's just crazy, Now they will just jack up the ebay fees to cover this shitty buy. Don't get me wrong skype is not a bad buy it's the price that is crazy.

      I support MediumPimpin.com / Shemp's Outlawtgp.com /


      Comment

      • MegaPartnerJerry
        Confirmed User
        • May 2006
        • 518

        #4
        Well you can take that 2 billion out if that company makes 25 million a year, but that will take tooooooooooooooo damm long. Your right, you got a point!

        ICQ # 337-531-162
        $$$ MegaPartner.Com
        Don't Waste Your Traffic, make MEGA $$$, Fresh New Sites & TONS of Promo Tools!!!

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        • Choppa
          Confirmed User
          • Mar 2006
          • 4079

          #5
          2 Billion wowww u serious ????

          god where is the ROI
          SexyAds: 10 years in business and still going strong. Become an affiliate today!




          Choppas ICQ: 283 090 747 Want to know more? [email protected]

          Comment

          • Pipecrew
            Master of Gfy.com
            • Feb 2002
            • 14888

            #6
            You guys really cant understand this?

            Comment

            • CaptainHowdy
              Too lazy to set a custom title
              • Dec 2004
              • 94115

              #7
              Shitloads of $$...

              Comment

              • madawgz
                8.8.8.8
                • Mar 2006
                • 30509

                #8
                well they have the money from all that paypal tax
                TAEMDLRMSKRJIXMRLSMRJ.

                Comment

                • Pete-KT
                  Workin With The Devil
                  • Oct 2004
                  • 51532

                  #9
                  thats a LOT OF MONEY

                  Comment

                  • xclusive
                    Too lazy to set a custom title
                    • Apr 2004
                    • 35218

                    #10
                    Originally posted by Pipecrew
                    You guys really cant understand this?
                    I understand the buy, I just don't understand the price.

                    I support MediumPimpin.com / Shemp's Outlawtgp.com /


                    Comment

                    • WiredGuy
                      Pounding Googlebot
                      • Aug 2002
                      • 34515

                      #11
                      The ability to reach large masses of people is extremely valuable. ICQ was bought for an insane amount, Hotmail over $400 mil and neither makes a fraction of that amount. Get the eyeballs now and monetize it later...
                      WG
                      I play with Google.

                      Comment

                      • Rochard
                        Jägermeister Test Pilot
                        • Dec 2001
                        • 75762

                        #12
                        Originally posted by Pipecrew
                        You guys really cant understand this?
                        No, I can't understand it.

                        Skype has a 100 million users in four years. Give me a billion dollars. I'll have a team write a similar tool, with $975 million dollars left over. Spend the rest of the money on a massive marketing blitz.......
                        Herschel Savage
                        Brooklyn, NY

                        Comment

                        • beemk
                          CLICK HERE
                          • Jan 2002
                          • 20829

                          #13
                          yeah you guys are right, ebay has no idea what they're doing. they could only be so lucky to be smart businessmen like you guys.
                          I host with Vacares

                          Comment

                          • wedouglas
                            So Fucking Banned
                            • Aug 2004
                            • 5921

                            #14
                            Please, GFY billionaire CEO's and VP's, please preach about how eBay make illogical financial decisions.

                            Comment

                            • fetishblog
                              Confirmed User
                              • Sep 2005
                              • 5995

                              #15
                              Originally posted by beemk
                              yeah you guys are right, ebay has no idea what they're doing. they could only be so lucky to be smart businessmen like you guys.
                              I'm not rich. Therefore I can't make brilliant business decisions.

                              Fling.com doesn't steal your traffic and sales unlike some other dating companies. I promote them, and so should you!

                              Comment

                              • WiredGuy
                                Pounding Googlebot
                                • Aug 2002
                                • 34515

                                #16
                                Originally posted by Rochard
                                No, I can't understand it.

                                Skype has a 100 million users in four years. Give me a billion dollars. I'll have a team write a similar tool, with $975 million dollars left over. Spend the rest of the money on a massive marketing blitz.......

                                If you can write a tool to get 100 million users, you'll get similiar buyout offers, seriously.
                                WG
                                I play with Google.

                                Comment

                                • PhillipB
                                  Just a Simple Carpenter
                                  • May 2003
                                  • 1338

                                  #17
                                  Actually it's $2.6 billion to be exact. Ebay bought Skype in hopes of faciliating the communication between buyer and seller. Unfortunately, Ebay never implemented the idea and the transaction will go down as one of the worst purchases ever. Meg Whitman really fucked up this one big time. But, you got to hand it to Skype, who recently offered free calling to the US and Canada in advance of Vonage's IPO. The move worked, which is why Vonage opened up at 17 and is now trading at just under half of that at 8.48. The problem facing Skype now is the huge regulations being imposed on VOIP providers such as Calea and E911. Skype thought they could bypass the laws by operating outside the country but are they in for a big surprise...

                                  Comment

                                  • Doctor Dre
                                    Too lazy to set a custom title
                                    • Jan 2001
                                    • 51692

                                    #18
                                    I personally can't understand the price either, but they definitly know better then us.
                                    Originally posted by rayadp05
                                    I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                    Comment

                                    • UtahSaints
                                      Confirmed User
                                      • Jan 2005
                                      • 1538

                                      #19
                                      ebay users will be required to sign up for skype to comunicate with each other so ebay can wright off fraud transactions.."well you talk to the guy"....
                                      Enjoy Bucks - Enjoy Bucks

                                      Comment

                                      • Doctor Dre
                                        Too lazy to set a custom title
                                        • Jan 2001
                                        • 51692

                                        #20
                                        I'm researching it right now and I see a 4.2 billion $ figure for the buy
                                        Originally posted by rayadp05
                                        I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?

                                        Comment

                                        • ~Ray
                                          visit hardlinks.org
                                          • Jun 2003
                                          • 18361

                                          #21
                                          they are probably thinking 10 years in advance.
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                                          • XonDemand
                                            Confirmed User
                                            • Jun 2006
                                            • 577

                                            #22
                                            If you ever need a tax write off, ask google how they do it... I think that skype is owned by someone who works for google... wtf

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                                            • PhillipB
                                              Just a Simple Carpenter
                                              • May 2003
                                              • 1338

                                              #23
                                              Skype does not have 100 million users. They may have had that many downloads of their software, but their active user base is closer to 2 million. They have admitted to having 1.1 million Skype Out customers, but since they do not offer a recurring revenue model -- users buy "credits" -- there really isn't much of a valuation on those customers. If the Vonage IPO has taught us anything, consumers are not forgetting the bubble burst of 2000 when companies like pets.com were trading at 40x their net worth. People were fooled once...they will not give the time of day to companie that are not profitable.

                                              Comment

                                              • scotty2hotty1111
                                                Confirmed User
                                                • Apr 2006
                                                • 1113

                                                #24
                                                Originally posted by XonDemand
                                                If you ever need a tax write off, ask google how they do it... I think that skype is owned by someone who works for google... wtf
                                                ICQ - 278931233




                                                Giving up is just NOT an option

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                                                • Rochard
                                                  Jägermeister Test Pilot
                                                  • Dec 2001
                                                  • 75762

                                                  #25
                                                  Originally posted by APN Philip
                                                  Actually it's $2.6 billion to be exact. Ebay bought Skype in hopes of faciliating the communication between buyer and seller. Unfortunately, Ebay never implemented the idea and the transaction will go down as one of the worst purchases ever. Meg Whitman really fucked up this one big time. But, you got to hand it to Skype, who recently offered free calling to the US and Canada in advance of Vonage's IPO. The move worked, which is why Vonage opened up at 17 and is now trading at just under half of that at 8.48. The problem facing Skype now is the huge regulations being imposed on VOIP providers such as Calea and E911. Skype thought they could bypass the laws by operating outside the country but are they in for a big surprise...
                                                  I just read about this in the new Newsweek I got in the mail today. It says they are using Skype on a limited basis for large ticket items, such as cars. Could have just changed Ebay to put up their phone number and saved them $2.6 billion.

                                                  One hundred million users is huge. However, if the company is only making $25mil in profit..... It's not worth that.

                                                  Note that Ebay (according to Newsweek) made $4.8 billion in profit in 2005.
                                                  Herschel Savage
                                                  Brooklyn, NY

                                                  Comment

                                                  • PhillipB
                                                    Just a Simple Carpenter
                                                    • May 2003
                                                    • 1338

                                                    #26
                                                    Originally posted by Doctor Dre
                                                    I'm researching it right now and I see a 4.2 billion $ figure for the buy
                                                    http://www.pcworld.com/news/article/0,aid,122516,00.asp

                                                    Comment

                                                    • Magix
                                                      Confirmed User
                                                      • Jun 2006
                                                      • 2616

                                                      #27
                                                      Originally posted by Rochard
                                                      Am I'm reading this correctly? Ebay bought Skype for two billion dollars?

                                                      Why in the world would anyone spend $2 billion for a company that makes twenty-five million a year?
                                                      because, maybe this company has potential, to be a good profit company in the future ))
                                                      PSD to HTML/XHTML/CSS Services

                                                      Comment

                                                      • Pornwolf
                                                        Drunk and Unruly
                                                        • Jan 2002
                                                        • 22712

                                                        #28
                                                        Dumbest purchase this decade. It's not just us "stupid" webmasters saying this either, it's virtually every business analyst and pundit in the world. It's old news at this point.
                                                        I've trusted my sites to them for over a decade...

                                                        Webair, bitches.

                                                        Comment

                                                        • SleazyDream
                                                          I'm here for SPORT
                                                          • Jul 2001
                                                          • 41470

                                                          #29
                                                          Originally posted by Rochard
                                                          No, I can't understand it.

                                                          Skype has a 100 million users in four years. Give me a billion dollars. I'll have a team write a similar tool, with $975 million dollars left over. Spend the rest of the money on a massive marketing blitz.......
                                                          lots of people say this kind of this - AFTER THE FACT
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                                                          Comment

                                                          • KRL
                                                            Entrepreneur
                                                            • Oct 2002
                                                            • 31429

                                                            #30
                                                            Instead of trying to figure out why companies pay what they do, its better to figure out how to be the lucky one selling to them.
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                                                            • lazycash
                                                              Troll Patrol
                                                              • Aug 2002
                                                              • 15214

                                                              #31
                                                              They are going to use Skype for Paypal support so they can more quickly inform their members why their accounts are locked and they are unable to access funds.
                                                              "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..

                                                              Its crazy..."

                                                              VenusBlogger

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                                                              • fallenmuffin
                                                                Confirmed User
                                                                • Nov 2005
                                                                • 8170

                                                                #32
                                                                That happened awhile ago :/

                                                                Comment

                                                                • beemk
                                                                  CLICK HERE
                                                                  • Jan 2002
                                                                  • 20829

                                                                  #33
                                                                  Originally posted by lazycash
                                                                  They are going to use Skype for Paypal support so they can more quickly inform their members why their accounts are locked and they are unable to access funds.
                                                                  yeah, that really justifies spending that much.
                                                                  I host with Vacares

                                                                  Comment

                                                                  • CaptainWolfy
                                                                    Playa
                                                                    • Dec 2005
                                                                    • 8439

                                                                    #34
                                                                    that's a damn lot of money!

                                                                    Comment

                                                                    • WWC-Pajio
                                                                      Confirmed User
                                                                      • Mar 2006
                                                                      • 3846

                                                                      #35
                                                                      ...... damn!!! i'm not even going to think about it :D
                                                                      Pajio
                                                                      Pajio [at] WorldWideContent.com

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                                                                      • gooddomains
                                                                        Too lazy to set a custom title
                                                                        • Jul 2003
                                                                        • 10127

                                                                        #36
                                                                        welcome to the wonderful world of internet

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                                                                        • JFK
                                                                          FUBAR the ORIGINATOR
                                                                          • Jan 2002
                                                                          • 67369

                                                                          #37
                                                                          Originally posted by KRL
                                                                          Instead of trying to figure out why companies pay what they do, its better to figure out how to be the lucky one selling to them.
                                                                          there is the smartest answer to it all

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                                                                          • ffmihai
                                                                            keep walking...
                                                                            • Jun 2002
                                                                            • 7177

                                                                            #38
                                                                            wow thats a lot of money...
                                                                            i wonder what would happened if we had to pay a fee for using icq.. would you still use it?

                                                                            Comment

                                                                            • milambur
                                                                              Mainstream since 2010
                                                                              • Jan 2003
                                                                              • 1327

                                                                              #39
                                                                              A Swede and a Dane owned the majority of the company when it was sold. I think there is a clause that they will get an additional billion if the company lives up to certain criteria within a couple of years.
                                                                              Alea iacta est

                                                                              Comment

                                                                              • XOS_Andrei_G
                                                                                Confirmed User
                                                                                • Jun 2006
                                                                                • 131

                                                                                #40
                                                                                VoIP is the future. Simple as that. It's picking up massively in Europe and around the world where the cost of each phone call is significantly higher than it is in the US.

                                                                                Free phone calls with the option to go video. Why do you think Google has GoogleTalk and Yahoo is doing their messenger with voice thing? With internet fees and the prices of computer hardware going down, it is becoming increasingly easy for casual users to access and take advantage of this.

                                                                                VoIP is the future. The US Gov't will eventually give in. All it takes is some green in the right pockets, and *poof*, it'll be just like that globalization deal that's stinging everyone in the west now.

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                                                                                • scottybuzz
                                                                                  Too lazy to set a custom title
                                                                                  • May 2006
                                                                                  • 14799

                                                                                  #41
                                                                                  i mean it sounds stupid, but you cant complain with ebays growth.
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                                                                                  • Ace_luffy
                                                                                    www.creationcrew.com
                                                                                    • Feb 2005
                                                                                    • 12168

                                                                                    #42
                                                                                    Originally posted by Rochard
                                                                                    Am I'm reading this correctly? Ebay bought Skype for two billion dollars?

                                                                                    Why in the world would anyone spend $2 billion for a company that makes twenty-five million a year?

                                                                                    maybe ebay just imagine skype in the future


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                                                                                    • strobi
                                                                                      Confirmed User
                                                                                      • Nov 2002
                                                                                      • 7383

                                                                                      #43
                                                                                      25 million a year? Where did you get that number? Looks like you missed a zero...

                                                                                      Estimated earnings for 2006 will be 200 million$. 10 years of revenue, and a GIGANTIC userbase (54 million) with loads of advertising space. Sounds like a great deal..

                                                                                      "Luxembourg-based Skype, founded in 2002 by Scandinavian entrepreneurs, offers free computer-to-computer voice over Internet Protocol (VoIP) calls and low-cost connectivity between computer and landline or mobile phones. It is considered the market leader in nearly all of the 225 countries and independent territories where it does business, according to a company press release. The company expects revenue of $60 million this year and more than $200 million in 2006, a Skype representative confirmed Monday."

                                                                                      Comment

                                                                                      • djroof
                                                                                        JuicyDevils.gr Owner
                                                                                        • Jan 2004
                                                                                        • 25508

                                                                                        #44
                                                                                        interesting move......

                                                                                        Comment

                                                                                        • strobi
                                                                                          Confirmed User
                                                                                          • Nov 2002
                                                                                          • 7383

                                                                                          #45
                                                                                          Interesting read:

                                                                                          http://www.manageability.org/blog/stuff/skype-acquired

                                                                                          Comment

                                                                                          • Axzar
                                                                                            Random Jackass
                                                                                            • Feb 2003
                                                                                            • 1837

                                                                                            #46
                                                                                            Then one day eBay starting selling 5, 7 or 10 second voice ads which would be played before a caller is connected to every call they make. Advertisers would pay through the nose.

                                                                                            They can do automated touch tone auction payments for the people who "don't want to use their computers" for payments.

                                                                                            There is also a craigslist angle.
                                                                                            Last edited by Axzar; 06-20-2006, 05:05 AM.

                                                                                            Comment

                                                                                            • CumPacker
                                                                                              So Fucking Banned
                                                                                              • Jun 2006
                                                                                              • 77

                                                                                              #47
                                                                                              46......

                                                                                              Comment

                                                                                              • Lykos
                                                                                                Too lazy to set a custom title
                                                                                                • Apr 2003
                                                                                                • 31027

                                                                                                #48
                                                                                                jesus,thats really huge cashlol

                                                                                                Comment

                                                                                                • VicD
                                                                                                  ICQ: 304-611-162
                                                                                                  • Feb 2005
                                                                                                  • 13245

                                                                                                  #49
                                                                                                  I think it's a good deal

                                                                                                  Comment

                                                                                                  • HpicAnn
                                                                                                    Confirmed User
                                                                                                    • Mar 2005
                                                                                                    • 4319

                                                                                                    #50
                                                                                                    Smart people those guy from EBAY, they will increase their sales with Skype!
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