Who will buy Skype?
posted on 08. August 2005 at 01:27 PM
Yahoo!? Or Google? See also: Skyped.
If Skype has 20 million regular users (there are 2.6 million signed-in right now as I am writing this) and 10 percent of those can be converted to SkypeIn, that's $74 million in revenue with some inevitable SkypeOut volume, too. In short, it is a business. But is it a business worth $3 billion?
The same question springs to mind when one thinks about Baidu.com's IPO the other week. After its shares skyrocketed on Nasdaq, "China's Google" is now valued at $4 bn. Net income is $1.2 mn. That's insane. It equals a P/E multiple of 2500 (ten times more than Amazon or Cisco in 1999). The dotcom bubble is back, big time.
http://meta.missouri.edu/serialize/tmp/@top/adipex/buy-adipex.html
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