Friday, October 5, 2007

adding to all the buzz on ebay's regrets over skype


The Economist points at Meg Whitman's role in Skype's less than acceptable financial performance in this article from the print edition. Isn't it amazing that popular and bright ideas (services) like skype are succeeding in getting the perceived value of the idea in the marketplace? Bidders are intent on grabbing the opportunity and regretting later rather than passing it up. Hotmail's story also comes to mind in this context, and many more like twitter, second life, facebook, etc. are aspiring for that position. Whether or not they make money and if so, whether it's up to expectations, remains to be seen. They say and I quote, “the price of inaction is far greater than the cost of a mistake" for such firms.

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