Sorry, what was that 2B for again???? – original post August 2, 2009

So, in the realm of value and buyer beware, it seems that eBay might have had some lawyers that didn’t remember to put their reading glasses on. This story over at would imply that 2B was the value (well, 1.7B now after a write-down) of a network minus a central piece of the technology.

Sorry, but if you’re paying that much, you get a perpetual license to it at a reasonable rate adjusted for inflation or valuation or the like. You don’t put that much money on the table and have that sort of escape clause.

Now regardles of what the gents at joltid may or may not have the rights to do, swinging that sort of deal on that much cash, which being possibly legally legit, is a very crooked, fly-by-night way of doing business. Pulling such a license from eBay after taking the money on the deal would put these guys in one of the least trustworthy tiers of businessmen on the planet in my books. That is, essentially, ripping their customer (eBay in this case) off.

I really hope there’s a misunderstanding in here and that this is a rumour or hiccup in the business relationship that got heard and blown out of whack. I hope that both sides are being honourable and honest in the dealings, and fair.

But that lawyer still needs their prescription checked.

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