Skype Founders Seek to Buy It Back


Niklas Zennstrom and Janus Friis, the founders of Skype, are pooling their own money as well as approaching private equity firms in a plan to buy Skype back from eBay, according to a story in the New York Times.

eBay paid Zennstrom and Friis $2.6 billion in 2005 for Skype, along with another $500 million in deferred bonus payments.

eBay has come to regret buying Skype, finding out that the synergies to create â'' an unparalleled e-commerce and communications engineâ'' that Skype would supposedly create with it along with PayPal which eBay already owned didn't exist. eBay took a $1.39 billion goodwill impairment charge in October 2007 to reflect what it thought was the true value of the Skype acquisition

The estimated asking price for Skype is around $1.7 billion.


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Robert Charette
Spotsylvania, Va.
Willie D. Jones
New York City