Skype Files For IPO

Posted by Soulskill on Monday August 9, 2010 @05:12AM from the going-for-the-gusto dept.

helix2301 writes with news that Skype has filed plans with the SEC for an initial public offering. From TechCrunch: "According to the filing, Skype's revenues for the first six months of 2010 were $406 million, with a net income of only $13 million. But a big portion of that was from interest income. That is only a 3 percent net margin, and this isn't exactly a new business. Its income from operations was only $1.4 million for the six months. However, its gross margins are 51 percent, and have been expanding steadily as the company benefits from the scale of is operations and is able to negotiate lower telephone termination fees around the world."

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After IPO by jcookeman · 2010-08-09 05:18 · Score: 5, Insightful

Be prepared for an increase in tariffs and other hidden fees.
Why? by dnaumov · 2010-08-09 05:19 · Score: 5, Insightful

There are exactly 2 reasons for a company to do an IPO:
One involves injecting a large amount of capital into aggressive growth. Does anyone see any particular way how Skype COULD grow agressively?
The second one involves robbing unsuspecting investors of their money.
Re:Hello world by Sockatume · 2010-08-09 05:23 · Score: 3, Insightful

Not every web service with a social function needs to be Facebook.
Not all great software needs bespoke hardware. Ubiquitous software abhors it.

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No kidding!!! What do you say at this point?