![What happened to skype video calling](https://cdn1.cdnme.se/5447227/9-3/15_64e61dfcddf2b36505b4c7c9.png)
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But eBay struggled to find a place for Skype to fit into its e-commerce structure, so eBay hired a new CEO called Josh Silverman in February 2008. So it ended up becoming unnecessary.īy the time eBay acquired Skype, it had 50million users and fast-growing revenue annually. However, it didn’t work out as eBay envisaged it would as users didn’t even use it before selling and buying. Logically the reason eBay bought Skype was to eliminate the friction of communication between sellers and buyers in e-commerce. Although different sources have it that people questioned the amount terming the amount as ‘too much and that Skype wasn’t worth that much at the time. In 2005, eBay acquired the two-year-old company for $2.6Bn. But unfortunately, Skype was so efficient that some countries had to ban it to protect their phone companies from running out of business. Safe to say that Skype was one of those few companies that shot up to the stars immediately after launch - Impressive!įast forward a bit into mid-2006 Skype could boast of 115million users worldwide and be recognized as the fastest-growing internet company at the time. It launched in 2003, and one month into launching, they already had a whooping one million downloads. Skype was founded by Niklas Zennstrom and Janus Friis. The founding team was so confident that one of the founders was quoted saying, ‘We hope that one day instead of saying I’ll call you, people will say I’ll Skype you. The idea was to offer free calls using a Voice over Internet Protocol (VoIP). The peer to peer signifies how they intended to operate. Skype was initially called Skype peer to peer. In the early 2000s, before the advent of social media apps, Skype was the go-to app for calls, both voice and video calls. So what happened to the company that once dominated the video call world? If the pandemic had happened ten years earlier, we would all have been Skyping! But Skype seems to be the last thing that we are doing now.
![What happened to skype video calling](https://cdn1.cdnme.se/5447227/9-3/15_64e61dfcddf2b36505b4c7c9.png)