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" 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
New
Free
Why
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" 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
Start
Move On
Mistake
" Talent can pop up anywhere in the world, it's not just one city block. "
Niklas Zennstrom
Just
Just One
Talent
" 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
Experience
Failure
Move On
" If you could utilize the resources of the end users' computers, you could do things much more efficiently. "
Niklas Zennstrom
End
You
Resources
" It's extremely hard to build a company with a product that everyone loves, is free and has no business model, and then to innovate a business model. I did that with Kazaa, had half a billion downloads but that wasn't a sustainable business. "
Niklas Zennstrom
Product
Build
Business
" 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
Yourself
People
" International markets are much bigger than the U.S. In Sweden we have 9 million inhabitants, and if you're successful in Sweden, you're not successful - it's such a small market. "
Niklas Zennstrom
Bigger
You
Successful
" Silicon Valley is the best place to start a tech company in so many ways. "
Niklas Zennstrom
Start
Best
Company
" 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
Search
Money
Internet
" And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more. "
Niklas Zennstrom
Nobody
Movies
More
" People need to access Skype wirelessly, no matter where they are, and what happens is that we'll be taking advantage of the rollout of Internet everywhere - WiFi and WiMax in particular. "
Niklas Zennstrom
People
Need
Matter
" Skype is for any individual who has a broadband Internet connection. "
Niklas Zennstrom
Internet
Connection
Individual
" If you can use a Web browser, you can use Skype. "
Niklas Zennstrom
Browser
You
Web
" 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
Done
Angry
Skype
" As an entrepreneur, if you're the originator, you need to be faster than ever. "
Niklas Zennstrom
Need
Than
You
" When we started Skype, if you look at analyst reports, no one forecasted it as a big business. Also when Google started, it was not fashionable to be in search. It's not trying to do the obvious - that's the hard part. "
Niklas Zennstrom
Look
Search
You
" 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
You
Night
Job
" 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
Phone
Opportunity
Internet
" 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
Easy
Family
Friends And Family
" 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
You
Years
Work
" 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
World
You
People
" The next Google or Facebook will come from somewhere other than Silicon Valley. "
Niklas Zennstrom
Next
Will
Facebook
" You have 1 billion people using the Internet with 200 million of those now using broadband internet connections, so the Internet has become a powerful network. It can carry calls. "
Niklas Zennstrom
People
Connections
Powerful
" I hope that my investment into Atomico will become my best financial investment to date. "
Niklas Zennstrom
Hope
Investment
Best
" As an investor, what we're not looking for is 'oh this is a cool app,' it's 'is this something that can become a big business?' You need to find those that can become real businesses. "
Niklas Zennstrom
Find
Business
You
" Video is moving online in a big way. It's proven to be a challenging market for some companies that start out as a pure Internet company such as Joost. "
Niklas Zennstrom
Internet
Company
Way
" 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
Free
Voice
Quality
" 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
Powerful
Work
Connections
" In fact, we just surpassed our first 1 million simultaneous users online. "
Niklas Zennstrom
Just
Fact
First
" Some Internet operators are concerned that video services such as Netflix and YouTube consume lots of the bandwidth on the network. While there is some truth to this, my guess is that the operators wished they could provide the same kind of services with the same success as Netflix and YouTube. "
Niklas Zennstrom
Kind
Success
Truth