Skype: Skype's Demise Shows A Great Idea Can Still Loose Billions of Dollars, And Investors Need to Think About Their OpenAI Position Next

24/7 Wall St. : Microsoft (NASDAQ: MSFT) acquired Skype for $8 billion, but it failed to capitalize on its early lead in video communication due to a lack of a sustainable business model. Skype's demise highlights how pioneering technology does not always translate into long-term success, as later entrants like Zoom (NASDAQ: ZM) built [...]The post Skype's Demise Shows A Great Idea Can Still Loose Billions of Dollars, And Investors Need to Think About Their OpenAI Position Next appeared first on 24/7 Wall St..