Skype May Not be All That, But VoIP Probably Is
‘Meg Whitman, CEO of Ebay Inc., is one of the savviest executives in business, so it’s wise to pay attention when she agrees to spend what could end up totaling $4.1 billion to buy Skype Technologies, an Internet phone company that generated just $7 million in revenues last year. Is this a rerun of the dot-com bubble, or was Whitman smart to make such a big bet on an Internet phone provider that is leading the way to integrated Internet communications? And if it is a smart move, is this something of concern only to e-commerce firms such as eBay, or should all large organizations begin plotting similar strategies?…’
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