I haven't blogged in a long time, but Skype has been a part of this blog for a long time so the announcement that Microsoft will acquire Skype for $8.5 billion warranted a post. From a first mention back in 2003, to comments around eBay's acquisition of the firm, to a note about eBay's sale to a consortium of investors.
As usual, it seems, Skype is fetching a high price, and as usual Niklas Zennström and Janus Friis make a few bucks (a billion dollars or so). On the other hand, at 10x revenue and ca 25x operating profit, the valuation is not as aggressive as some other Internet companies.
Some comments on the deal from Ben Horowitz.
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