Short eBay for its failed Skype acquisition

1. eBay bought Skype at $2.6bn, plus another $1.6bn earn-out, i.e. if some performace target is met in future
2. Skype founder moved on to found video start up
3. Implication: Skype failed to deliver promise, no body cares about tht $1.6bn earn-out, not even the VC who invested in Skype!

No surprise, not the first time eBay's strategy team failed. Those uncritical MBA minds......

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