& cplSiteName &

eBay Still Likes Skype

Craig Matsumoto
2/25/2009

1:40 PM -- STANFORD, Calif. -- Granted, you wouldn't expect the CEO of eBay Inc. (Nasdaq: EBAY) to slag on Skype in public. So maybe I'm not reporting anything shocking when I say John Donahoe says he's thrilled with Skype's financial situation.

"I'll take a $500 million business growing at 30 to 40 percent with high teens margins," he said at today's Stanford Accel Symposium, an annual gathering for investors and entrepreneurs.

Table 1: Skype Revenues

Fiscal Year Revenues ($M)
2006
189.1
2007
364.6
2008
525.8
For fiscal years ending Dec. 31.
Source: eBay


It's been noted that Skype hasn't produced much benefit for eBay itself or for PayPal , and Donohoe didn't deny that. The top priorities for Skype and PayPal don't overlap at all. That's OK. Skype is a "great standalone growth seed in our portfolio," he says.

Donohoe was the kickoff speaker for the event, which is organized by Accel Partners and hosted by Stanford University in a new alumni center that was conveniently built with no parking added. This picture, taken during a coffee break, might give you a flavor for the wood-toned, HGTV airiness of the place:

The event, built around the hot tech topics of the day, is consistently good, even though it's not held at a superior university. Right now, Matthew Barzun of the Barack Obama campaign, and Chris Hughes, a Facebook founder and architect of Obama's digital campaign strategies, are telling stories about online community and the Iowa caucuses. Later, there'll be a conversation with Jayshree Ullal, who's now CEO of Arista Networks Inc. (See Ullal Lands in the Cloud.)

— Craig Matsumoto, West Coast Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Related Stories
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from Craig's A-List
If there isn't a master plan behind Google's creation of Kubernetes, maybe there ought to be.
Already replaced as CEO, John Chambers is fully detaching as he plans to step down as Cisco chairman, truly ending his time as the face and voice of the company.
The network must be automated. And Light Reading must write about it.
Comcast joins Google in asking for a flexible-rate optical standard, rather than 400G or terabit, but that's easier said than done
Cisco, Juniper and other more traditional Interop speakers might get overshadowed by the forces of virtualization
Featured Video
Upcoming Live Events
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events