So Microsoft is buying Skype for $8.5 billion, its biggest deal ever. It’s too soon to make a pronouncement on whether the purchase is an idiot move, a brilliant one or just something in between. All the geniuses who ripped the investors who bought Skype from eBay in 2009 don’t look so smart now.
But I will recount a bit of history that readers of In the Plex already know: It was almost Google who owned Skype.
Here’s more detail on the story:
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Related book (which Charlie Munger recommended at the Berkshire Meeting): In the Plex
