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" I hope that my investment into Atomico will become my best financial investment to date. "
Niklas Zennstrom
Hope
Investment
Best
Related Quotes:
" The next Google or Facebook will come from somewhere other than Silicon Valley. "
Niklas Zennstrom
Next
Will
Facebook
" They also can combine voice with instant messaging and online file sharing. "
Niklas Zennstrom
File
Voice
Sharing
" Silicon Valley is the best place to start a tech company in so many ways. "
Niklas Zennstrom
Start
Best
Company
" 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
" 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
" 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
" We have 2 million users in the U.S. and about 13 million worldwide in more than 200 countries. We're getting 80,000 new users each day. And more than half a million people are connected via Skype at any given moment. "
Niklas Zennstrom
Moment
People
New
" If you can use a Web browser, you can use Skype. "
Niklas Zennstrom
Browser
You
Web
" 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
" The Chinese market is very, very unique. "
Niklas Zennstrom
Unique
Market
Chinese
" 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
" 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
" And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more. "
Niklas Zennstrom
Nobody
Movies
More
" Then people started using it more and more and it became the most downloaded software on the internet. "
Niklas Zennstrom
People
Most
Software
" 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
" 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
" In fact, we just surpassed our first 1 million simultaneous users online. "
Niklas Zennstrom
Just
Fact
First
" We also have a conference call feature where up to five people can talk on one Skype call. "
Niklas Zennstrom
Up
People
Skype
" 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
" 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
" Talent can pop up anywhere in the world, it's not just one city block. "
Niklas Zennstrom
Just
Just One
Talent
" 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
" 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
" 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
" 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
" Skype is for any individual who has a broadband Internet connection. "
Niklas Zennstrom
Internet
Connection
Individual
" 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
" 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
Change
Phone
Technology
" The thing about the Internet is the openness. People can link to each other themselves. "
Niklas Zennstrom
Link
Openness
People
" 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