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Published · transcript-backed

David Rosenthal: evaluation

2 Nov 2016 Acquired Skype

“Regardless, however, it was definitely a dumb acquisition because they made one key mistake as part of the acquisition and that was much like when the Kazaa guys sold Kazaa and they kept the technology, once again, they kept the technology.”

— 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. To me it seems sort of eBay’s foray into trying to become a conglomerate and, like, private equity style take on this high growth business that has a very pioneering technology and see if they can just grow that as an asset inside their organization and theoretical synergies happen with their other product. But, to me, hindsight’s 20-20 and we can look all smart here being like, “That was a done acquisition.” I don’t see it. Yeah. I agree. It will be hard to see this being a smart acquisition. Regardless, however, it was definitely a dumb acquisition because they made one key mistake as part of the acquisition and that was much like when the Kazaa guys sold Kazaa and they kept the technology, once again, they kept the technology. And so they had, I think it was a company called Skype technologies that literally was just licensing it to eBay.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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