EBAY CEO John Donahoe IS IDIOT: IT IS OFFICIAL NOW. BTW… MEG WHITMAN is idiot too May 10, 2011Posted by deminvest in ebay.
Tags: idiots, John Donahoe, Meg Whitman, ripoff, skype, Skype writedon write-down
Plain facts that anybody who is not an idiot can understand:
- Ebay bought fast growing Skype at $3.1 B bargain price.
- Skype continued to grow its user base, revenues and earning because it offers great services.
- Today Microsoft wants to buy Skype for $8.5B
- In November 2007 the idiot Meg Whitman wrote off $900M saying they had paid Skype too much. This stupid fake and idiot write-off resulted in Ebay posting its first losses ever. EBAY shares lost 17% of their values in a few days.
- Even worse, in September 2009 the super idiot John Donahoe valued Skype $2.75 billion and he sold 65% of it to various investors among which Marc Andersen.