Skype on Monday didn't just loose its cofounder and chief executive; the firm also shed about half of its book value. Niklas Zennström, the wonder child behind Skype, KaZaA and now Joost, was forced to step down.
Ebay bean counters valued the firm to better reflect its real market potential, even though one could argue that a $1.2bn valuation (down from $2.6bn) very high for a firm that last quarter sold $90m in Skype-out minutes and other premium services.
The changes were met by a collective "What kept you so long?" by the collective world of armchair pundits posing as the blogosphere.
But Zennström himself won't go down without a fight. In an interview with blogger/journalist Thomas Crampton, he stressed that a 4-year-old company should be allowed to focus on growing its user base, not be forced to make money.
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