In 2005, eBay under the stewardship of Meg Whitman bought Skype for $3 Billion. Out came the experts, know-it-all's, critics and 2nd guessers from all circles questioning her sanity. In 2011, eBay sold Skype to Microsoft for $8 Billion.
She was recently quoted in an interview regarding the outcome of the acquisition: "I always had great confidence in the Skype acquisition. It was incredible technology that changed everything about the way we communicate with each other. That's what leadership is: you do what you think is in the best interest of the company and shareholders, and sometimes it takes a little while for the entire story to be told. Sometimes in life you don't get recognition easily."
Sunday, August 14, 2011
Thursday, August 4, 2011
Culture does matter
The Krafts (Robert and Myra) laid the foundation for how the New England Patriots do business. While there are sometimes disagreements, there is always a level of respect. “You have to respect everyone in your business and everyone you do business with,” said Kraft, gesturing toward a woman who pushed a cart through the cafeteria. “From this woman doing that job all the way up to the players, you have to respect them.”
“The difference is everything,” Chad Ochocinco said. “It’s not just what you see on the field. I saw it in the first meeting. I was like, ‘Yeah, this is how a team is supposed to be run. Finally, I get to really be part of that.’ ”
Since Kraft bought the Patriots in 1994, the team has compiled the best record in the league, won three Super Bowls and appeared in five (with a 5th round draft choice as QB, retread veterans, and a coach nobody wanted prior to arriving in New England). By contrast, the Cincinnati Bengals, despite being run by the son of NFL Hall of Famer Paul Brown, have amassed one of the worst records in the league over that time and made the playoffs only twice (losing the first game each time).
“The difference is everything,” Chad Ochocinco said. “It’s not just what you see on the field. I saw it in the first meeting. I was like, ‘Yeah, this is how a team is supposed to be run. Finally, I get to really be part of that.’ ”
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