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Niklas Zennstrom [1966-0] Swedish

Rank: 101
Scientist, Entrepreneur

Niklas Zennström is a Swedish entrepreneur best known for founding several high-profile online ventures with Janus Friis including Skype and Kazaa.

Computers, Family, Business, Experience, Failure, Morning, Technology

Quote	Tags	Rank
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.		101
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.	Family	102
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. If you can use a Web browser, you can use Skype.	Family	103
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.	Business	104
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.		105
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.	Experience, Failure	106
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.		107
We also have a conference call feature where up to five people can talk on one Skype call.		108
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.		109
If you can use a Web browser, you can use Skype.		110
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.		111
The telephone is a 100-year-old technology. It's time for a change. Charging for phone calls is something you did last century.	Technology	112
If you could utilize the resources of the end users' computers, you could do things much more efficiently.	Computers	113
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.		114
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.	Morning	115
I hope that my investment into Atomico will become my best financial investment to date.		116
Then people started using it more and more and it became the most downloaded software on the internet.		117
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.		118
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.	Computers	119
As an entrepreneur, if you're the originator, you need to be faster than ever.		120
Today as an entrepreneur you have more options.		121
Silicon Valley is the best place to start a tech company in so many ways.		122
The thing about the Internet is the openness. People can link to each other themselves.		123
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.		124
Skype is for any individual who has a broadband Internet connection.		125
And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more.		126
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.		201
Talent can pop up anywhere in the world, it's not just one city block.		202
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.		203
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.		204
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.		205
We have 2 million users in the U.S. and about 13 million worldwide in more than 200 countries.		206
They also can combine voice with instant messaging and online file sharing.		207
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.		208
In fact, we just surpassed our first 1 million simultaneous users online.		209
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.		210
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.		211
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.		212
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.		213
The next Google or Facebook will come from somewhere other than Silicon Valley.		214
The Chinese market is very, very unique.		215
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.		216
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.		217

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