Monday, August 30, 2010

Skype goes public...files for Initial Public Offering (IPO)

I feel like a proud father whose son has graduated high school who is on his way to an Ivy League. Skype, the most popular Voice-over IP service is going public! Skype which was found in 2003 was acquired by eBay in 2005 for $2.6bn. It makes me happy to see a company that was formed not too long ago, going public. Skype provides incredible value to the world’s internet users, saves them money, and makes their lives easier and a little more convenient. We all know that if you can improve people’s lives & add value, you will be rewarded…the money will follow. This is the reason I am proud of Skype. I use Skype at home, companies and organizations use Skype in the office. In fact, many companies are encouraged to use Skype for international calls, rather than use the company phone, for the obvious reason-Skype saves companies millions of dollars in international calls. That is a real value.

Congratulations Skype, can wait to watch you graduate college-whatever that metaphor translates to.

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