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Om Malik Excoriates eBay Management Over Botched Skype Acquisition

Om Malik on the news that eBay is selling Skype for a loss:

So back in 2005, eBay paid billions for Skype but didn’t get the crown jewels, a.k.a. the technology. I reported this oversight back in 2005. How then-CEO Meg Whitman signed off on the deal, I still can’t understand. I mean, even a lemonade stand owner who can’t tie his shoelaces wouldn’t overlook something as simple as that. And what about the eBay executives who were shepherding that deal?

Tuesday, 1 September 2009