Tuesday, May 10, 2011
Could Skype Be Microsoft's YouTube?
Image via CrunchBaseThe Skype founders did not have what it takes, or they would not have done the selling, twice. And that is a surprise to me because Skype is just wonderful. Skype hit 500 million users way before Facebook did. But somehow the monetization did not happen. A nine billion dollar exit is a decent monetization, would you say?
Fred Wilson: Skype Out: Big companies mostly mess up entrepreneurial companies when they buy them and it really is best that companies like Skype stay independant and run by their founders if that is possible. ...... Skype filed to go public last year but the offering never came. ..... Maybe the company was having difficulty growing its revenues as fastMicrosoft missed out on the smartphone, Microsoft missed out on the tablet, and Microsoft is on its way to being hammered by Google on both Windows and Office. Although Microsoft has done decent in gaming, and it has made some early, smart moves in 3D computing.
Image via CrunchBase as the public markets wanted. Maybe the investors lost confidence in the management's ability to continue to build and grow Skype as an independent company. Whatever the reasons, Skype's experiment with being independent is over and I am disappointed. ...... We use Skype every day in our office. It is our videoconferencing system and increasingly our phone system. It works amazingly well. ...... Skype brought VOIP to the masses and I'm very certain that someday we will all be communicating by voice and video over IP, maybe via Skype, maybe be other services. It is the future for sure. ..... I'm not particularly inspired by the idea that Microsoft will do something great with Skype. But I do think they are a better corporate owner than eBay. The second acquisition of Skype isn't likely to change our daily usage of the service. But it may be an inspiration to VOIP entrepreneurs everywhere to think big and create new services that can someday be as big or bigger than Skype.
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