What is Meg thinking?! I had my doubts about MySpace/IGN valuations for Fox... but Skype! Perhaps someone can tell me what I'm missing: Skype, founded by two guys who can't step foot in the US because of Kazaa; exploding number of subscribers, but gees... it is FREE! So that should be no surprise... $2.6bn-$4bn for a business that's 2 years old and finding a business model. That's double or triple the entire budget Murdoch has to build his Internet empire.
Ebay's official line is as follows: 1) Skype brings in new customer base, and 2) Skype offers its existing customers a valuable resource. On 1), it's not like eBay is an unknown brand in this day and age; and 2) so what?
Very perplexed. I'd have to say though, that I've always admired Meg Whitman... She's probably seeing something I'm not.