Friday, May 27, 2005

Skype Aims to be Cash Flow Positive

Mark Evans

Andy Abramson picked up on a Reuters story out of Paris in which Skype CEO Niklas Zennstrom suggests the company could be cash flow positive this year. Again, this leads one to believe SkypeIn and SkypeOut are generating healthy sales, and that Skype is becoming more of a telecom carrier every day. Zennstrom said Skype has 1.4 million fee-paying clients. Andy has a good take on Skype:
"I'm rooting for Skype but the financial world is a dangerous place and people remember what you say, and forget what is unimportant. This claim is a big, bold statement, and one everyone will be watching to see if it comes true."


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