
In this 2009 file photo, the Skype Web browser is shown on a computer screen in Palo Alto, Calif. Skype SA, the Internet calling service, filed Monday for a US initial public offering. Luxembourg-based Skype tentatively put the value of the offering at $100 million. Paul Sakuma/AP/File
Skype said Monday it’s going public and hopes to raise $100 million from investors in the stock market.
This has venture capitalists salivating.
Everyone knows Skype, the company that offers free- and nearly free calling around the world. It’s base of connected users grew 40 percent last year; net sales are up 25 percent from the first half of last year to the first half of this year. If Skype can launch a successful initial public offering (IPO), that will prepare the way for Facebook and other high-powered high-tech wonders to sell shares in coming years. more…