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" And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more. "

Niklas Zennstrom

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" With our work at Kazaa, we began seeing growing broadband connections and more powerful computers and more streaming multimedia, and we saw that the traditional way of communicating by phone no longer made a lot of sense. "

Niklas Zennstrom

" Silicon Valley is the best place to start a tech company in so many ways. "

Niklas Zennstrom

" Surround yourself with smart, dedicated people - to build something isn't a one-man show. It's more important to have smart people who really believe in what you're doing than really experienced people who may not share your dream. "

Niklas Zennstrom

Surround Yourself

" Then people started using it more and more and it became the most downloaded software on the internet. "

Niklas Zennstrom

" I try not to dwell on big mistakes but to move on when I make a mistake. I make mistakes most of the times and that's part of the risk profile being an entrepreneur. I guess one big mistake I did was not to start my own company earlier. I spent nine years working for others before starting Kazaa in 2000. "

Niklas Zennstrom

" What we are doing is taking advantage of the broadband Internet to provide basically unlimited free calls to anyone at a higher voice quality than they can with the phone lines. "

Niklas Zennstrom

" Look for when the environment is changing - the big shift now is mobile Internet. It's really happening big-time. The way you interact with services on a smart phone compared to the Web is quite different, so there's a huge opportunity. "

Niklas Zennstrom

" Another differentiator is that Skype is free and simple to set up, and it costs us virtually nothing for a new user to join the Skype network, which is why we can offer the service for free. "

Niklas Zennstrom

" Skype is easy enough to use so that people don't need to be tech savvy - a lot of users just want to communicate with their friends and family, and they find this is the easiest, cheapest way. "

Niklas Zennstrom

Friends And Family

" It is very similar to companies like Google and other internet companies. When you go and search on Google you don't pay for that. But sometimes you click on an advert and Google makes money on that. "

Niklas Zennstrom

" The next Google or Facebook will come from somewhere other than Silicon Valley. "

Niklas Zennstrom

" The telephone is a 100-year-old technology. It's time for a change. Charging for phone calls is something you did last century. "

Niklas Zennstrom

" You shouldn't be afraid of failure - when something fails, you think, 'What did I learn from that experience? I can do better next time.' Then kill that project and move on to the next. Don't get disappointed. "

Niklas Zennstrom

" When radio stations started playing music the record companies started suing radio stations. They thought now that people could listen to music for free, who would want to buy a record in a record shop? But I think we all agree that radio stations are good stuff. "

Niklas Zennstrom

" Talent can pop up anywhere in the world, it's not just one city block. "

Niklas Zennstrom

" When a business becomes successful seemingly overnight, no one knows about all the months and years you've invested, all the projects you've tried before that didn't work. "

Niklas Zennstrom

" We have just started, and if you compare the number of people using Skype to the number using a telephone network around the world, we're still just starting. "

Niklas Zennstrom

" Today as an entrepreneur you have more options. "

Niklas Zennstrom

" In fact, we just surpassed our first 1 million simultaneous users online. "

Niklas Zennstrom

" When we look at investing, we always think about 'how defensible is this, how likely is it that somebody is going to copy this.' E-commerce tends to be something easy to copy because it's execution. "

Niklas Zennstrom

" The thing about the Internet is the openness. People can link to each other themselves. "

Niklas Zennstrom

" If you can use a Web browser, you can use Skype. "

Niklas Zennstrom

" They also can combine voice with instant messaging and online file sharing. "

Niklas Zennstrom

" Skype is for any individual who has a broadband Internet connection. "

Niklas Zennstrom

" I hope that my investment into Atomico will become my best financial investment to date. "

Niklas Zennstrom

" We also have a conference call feature where up to five people can talk on one Skype call. "

Niklas Zennstrom

" If you want to be an entrepreneur, it's not a job, it's a lifestyle. It defines you. Forget about vacations, about going home at 6 pm - last thing at night you'll send emails, first thing in the morning you'll read emails, and you'll wake up in the middle of the night. But it's hugely rewarding as you're fulfilling something for yourself. "

Niklas Zennstrom

" Angry Birds is one of the fastest-growing online products I've seen, growing even faster than Skype, and the company has done a brilliant job of extending it across different platforms and merchandise. "

Niklas Zennstrom

" The Chinese market is very, very unique. "

Niklas Zennstrom

" As an entrepreneur, if you're the originator, you need to be faster than ever. "

Niklas Zennstrom