Comment: Business plan (Score 1) 175
This business plan is clearly based on following directions from a GPS.
The first thing a GPS says:
Acquiring satellites...
The first thing a GPS says:
Acquiring satellites...
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Skype is profitable, according to eBay.
So that's profitable, as in they bring in more revenue than expenses.
But is it a reasonable profit for a company worth $2.9B?
Unfortunately for eBay, they originally bought them for quite a bit more.
EBay bought Skype in 2005 for $2.6B.
EBay sold 65% of Skype in 2009 for $1.9B (so the new value is $1.9B/.65 = $2.9B).
So - no, not "quite a bit more".
"And they told us, what they wanted... Was a sound that could kill some-one, from a distance." -- Kate Bush