Sunday, August 14, 2011

Skyping

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."

No comments:

Post a Comment