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Niklas Zennstrom
Swedish
1966
Scientist
If you could utilize the resources of the end users' computers, you could do things much more efficiently.
Niklas Zennstrom
Tags:
Computers
You
More
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
Tags:
You
People
Just
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
Tags:
Work
Business
You
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
Tags:
Business
Cool
You
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
Tags:
Up
Which
Us
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
Tags:
About
Think
Because
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
Tags:
Money
You
Like
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
Tags:
Work
Computers
More
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
Tags:
Time
Experience
Failure
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
Tags:
People
About
More
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
Tags:
Good
Music
People