7:09 A.M. Profiting from the mindless …

In 2011 Microsoft purchased Skype for 8.5 billion …

At the time , Skype shifted ownership around numerous times … Each time successive owners making a ridiculous , profit based on ‘ paper value ‘ ( NO actual money , but bottom line LOSSES !!! ) … With the real cash flow coming from all the crap 99.9 % of us would rather rid ourselves entirely of in the first place … BULLSHIT ADVERTISING !!! …

Last week, Reuters reported that Google (yet again) and Facebook were in talks with Skype, involving either a partnership or an acquisition. There was no mention of Microsoft. One of Reuters’ sources said a deal for Skype ‘ could be valued at $3 billion to $4 billion ‘ … One of the few reports in all of Skype’s history that was lower than previous reports or actual valuations. Not surprisingly, it turned out to be way low.It is open to question whether any of Skype’s valuations ever made sense. Not only is it still losing money (net loss last year: $7 million, though it reported an operating profit of $286 million on $860 million in revenues ) , it’s saddled with $686 million in debt , representing 8% of Microsoft’s purchase price. And as Marc Andreessen , partner in Andreessen Horowitz , told Fortune , ‘ The only actual deal negotiation was with Microsoft. There were no other companies that we ran a process with. No other companies put an offer on the table like Microsoft did ‘…

Source: Skype’s long history of owners and also-rans: At an end? | Fortune