Monday, August 9, 2010

Skype files for $100 million dollar IPO







A non-tech tip today, but I told you back in January "How I saved $1200 a year by moving to Skype" now the company wants to sell 100 million in American Depository Shares. According to the (NYTB) Skype has over 560 million users an increase of 164 million users in the past year. The company is looking for ways to get more of its users from free to paid accounts. (Skype by the number from WSJ) Opening price has not been established yet, but this could push Skype to the next level and make it a force to be reckoned with and something you may want to add to your profolio.

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