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Skype Files For $100 Million IPO


By Daya Baran at August 09, 2010 1 Comments    Share

Skype, the internet phone service, has filed for an IPO and plans to be listed on the NASDAQ. The numbers are mind boggling whichever way you look at it.

$406.2 million: Revenues for the six-month period ended June 30, up 25% from $324.8 million in the year-earlier period.

560 million: Registered users on June 30, up 47% from 390 million a year ago.

95 billion: Minutes of voice and video racked up by users so far this year.

839: Employees and contractors at June 30, up from 640 a year ago.

$343.8 million: Net charges from a legal settlement with Joltid, the firm controlled by Skype’s co-founders who sued the company last year alleging copyright theft. Skype disclosed in November that Joltid would take a 14% stake in the settlement, but didn’t detail the other terms. In the IPO filing, Skype said Joltid received a 10% stake valued at the time at $224 million, a cash payment of $85 million and a warrant to purchase equivalent to a 1% stake. Joltid also invested $80 million in Skype for another 3.4% stake.

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  1. [...] This post was mentioned on Twitter by Linda Schenk, Social Media Insider, JobShoots, JobShoots, Alltop Social Media and others. Alltop Social Media said: Skype Files For $100 Million IPO http://bit.ly/90CIZ2 Social-Media.alltop [...]

    Pingback by Tweets that mention Skype Files For $100 Million IPO -- Topsy.com — August 9, 2010 @ 10:19 AM

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