5 ms·
> The value of the dollar's dropped. Since the owners are almost all US-based (I think), fluctuation in the dollar against foreign markets shouldn't have much
by cfinke 15y ago
> The value of the dollar's dropped.
Since the owners are almost all US-based (I think), fluctuation in the dollar against foreign markets shouldn't have much impact on Skype's pricing. Even so, the dollar's value against the Euro hasn't hardly changed at all: eBay announced their sale of Skype on September 1, when 1 USD = 0.7 EUR. Today. 1 USD = 0.6975 EUR.
- mgkimsal 15y agoI guess the sarcasm didn't come through - forgot my smiley face. Too many talk radio commercials telling me to buy gold were behind that knee-jerk observation. I think the higher price is partially because MS may have a strong monetization plan in place and they don't want anyone else to get it.
- prostoalex 15y ago> a group of technology investors including Silver Lake Partners, venture capital firms Index Ventures and Andreessen Horowitz, and the Canada Pension Plan Investment Board
- pyre 15y agoSept 1: 1 USD = 1.05 CAD Now: 1 USD = 0.96 CAD Not to mention that the valuation was done in US dollars, and the sale is being done in US dollars.
- hessenwolf 15y agoValuation currency does not make much difference. As an example, Ebay stock tends to fluctuate with the eur2usd rate.
- forgottenpaswrd 15y ago"Since the owners are almost all US-based (I think), fluctuation in the dollar against foreign markets shouldn't have much impact on Skype's pricing." Is not fluctuations against foreign market, inflation is rampant, that means that is something has the same value,(a company) you need to pay more dollars for it. Dollar has gone down against commodities(sugar, rice, oil, gold, copper...) because FED is printing dollars like there is no tomorrow. Europe is doing the same for Euro(because if they do not Spain, Greece, Portugal and Ireland burn).