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Published · transcript-backed

David Rosenthal: evaluation

2 Nov 2016 Acquired Skype

“Yup, fantastic business. And eBay, we’ve been pretty hard on them I think justifiably so thus far, but they did make quite a bit of money on Skype because they sold a 65% share at the spinout but then they retained 30%.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
evaluation
Recorded
2 Nov 2016
Publisher
Acquired
Episode
Skype

Transcript context

…Yeah, absolutely. I mean, we focus on the valuation play of like basically, eBay sold it for what they bought it for after some tumultuous years, you know, the private equity days, they tripled it in less than 2 years. But you’re right. As an independent business, I don’t know if it’s actually worth 8.5 billion dollars in 2011, but like fantastic business. Yup, fantastic business. And eBay, we’ve been pretty hard on them I think justifiably so thus far, but they did make quite a bit of money on Skype because they sold a 65% share at the spinout but then they retained 30%. Great point.…

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