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" 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
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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
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" If you can use a Web browser, you can use Skype. "
Niklas Zennstrom
Browser
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Web
" 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
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" 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
Look
Think
Always
" The next Google or Facebook will come from somewhere other than Silicon Valley. "
Niklas Zennstrom
Next
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" Today as an entrepreneur you have more options. "
Niklas Zennstrom
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More
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" 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
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" 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
" Silicon Valley is the best place to start a tech company in so many ways. "
Niklas Zennstrom
Start
Best
Company
" 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
" Talent can pop up anywhere in the world, it's not just one city block. "
Niklas Zennstrom
Just
Just One
Talent
" 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
" 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
" And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more. "
Niklas Zennstrom
Nobody
Movies
More
" 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
" 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
" 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
" 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
" Then people started using it more and more and it became the most downloaded software on the internet. "
Niklas Zennstrom
People
Most
Software
" I hope that my investment into Atomico will become my best financial investment to date. "
Niklas Zennstrom
Hope
Investment
Best
" As an entrepreneur, if you're the originator, you need to be faster than ever. "
Niklas Zennstrom
Need
Than
You
" In fact, we just surpassed our first 1 million simultaneous users online. "
Niklas Zennstrom
Just
Fact
First
" They also can combine voice with instant messaging and online file sharing. "
Niklas Zennstrom
File
Voice
Sharing
" 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
" 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
" 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
" 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
" We also have a conference call feature where up to five people can talk on one Skype call. "
Niklas Zennstrom
Up
People
Skype
" Skype is for any individual who has a broadband Internet connection. "
Niklas Zennstrom
Internet
Connection
Individual
" 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