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Wednesday, 10 October 2007

Skype Founder defends eBay price

Futher to Craig's previous post on Skype and eBay have a read of this article in New York Times where Skype founder Niklas Zennstrom puts up a solid(ish) defence of his decision to sell to eBay and why the price was fair.

My take is Skype revenues are bigger than Facebooks' and Facebook is valued at $13bn so Skype is real value.


Two further thoughts:

Does the eBay write down have any financial or tax benefits?

Or is it more about not wanting to pay last tranche of cash to founders?

Thoughts?

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