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Can Skype Lure Investors into Its Almost Non-charging Business?
Following its going public with $100 million IPO, Skype admits there is an inflation of its users who are hooked on free. That is not a good selling point right there, but the company has contingency plans.
Skype, the VoIP service provider, announced on Monday its plans to sell $100 million worth of shares to investors. It has a portfolio of promising figures to show, anyway: 25% increase in net sales from last year’s first half to this year’s first half; and 40% growth in its number of connected users. If Skype’s IPO launches successfully, this is predicted to pave the way for Facebook and other booming tech platforms to go public in the future.
But there are doubting Thomases surrounding this plan–and they have a point. The Internet calling service has a majority of non-paying users, which increased from 91% in 2007 to 93% today.
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