Word: ebay
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Dates: during 2000-2009
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Last week, eBay CEO Meg Whitman sat down with TIME's Jeffrey Ressner in Los Angeles to talk about the online auction site, its acquisition of Skype, and her favorite (other) online communities. Here are some highlights...
...TIME: eBay recently paid at least $2.6 billion for the Internet phone company Skype, and the two words most frequently used to describe the purchase were "head scratching." Was the price excessive...
...WHITMAN: We obviously think it was fair. We looked at value in Skype in a number of different ways: the amount we paid on a per-user basis, discounted cash flows, etc. We also looked at what we thought Skype could do on its own and with eBay...
...TIME: eBay has about 157 million users worldwide and Skype will soon have 57 million, but the overlap is only about 1%. How will you combine the two communities...
...TIME: eBay owns 25% of Craigslist.com. Are there options to acquire more...