Lee.org

View notable entries only

Skype’s success

September 12th, 2005 4:00pm. General

LONDON–(BUSINESS WIRE)–Sept. 12, 2005–eBay Inc. (Nasdaq:EBAY)(www.ebay.com) has agreed to acquire Luxembourg-based Skype Technologies SA, the global Internet communications company, for approximately $2.6 billion in up-front cash and eBay stock, plus potential performance-based consideration

Skype had been privately held.
From working stiff to billionaire, overnight*.

.

*If, by “overnight”, you mean: innovating, struggling and slaving for without any solid goal in mind for several years.

Leave a Comment




Subscribe without commenting