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August 9, 2010

Skype Announces IPO Plans, Company Valued Around $2.75 Billion

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Skype Going Public (IPO)Skype was recently sold by eBay to a group of private investors and now those investors are looking to raise as much as $100 million with an initial public offering (IPO) which has been filed with the SEC.

It’s hard to tell what the price of shares will be for Skype stock, however some analysts have priced the company around the $2.75 billion market valuation point.

The company was purchased from eBay by a group of investors in September, those investors include: Silver Lake, Index Ventures, Andreessen Horowitz and the Canada Pension Plan (CPP) Investment Board. read more

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