Skype secures $18.8m funding (via Dave Farber IPer).

Skype, a London-based company that is enjoying strong growth with software enabling free phone calls over the internet, has secured $18.8m (?11m) in second-round funding.

Okay, I am a happy user of Skype. But would I invest in them without bottomline? Sure, if it is a “sell to a greater fool” play.

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