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The Chinese market is very, very unique.
Niklas Zennstrom
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Niklas Zennstrom
Age: 58
Born: 1966
Born: February 16
Businessperson
Computer Scientist
Entrepreneur
Scientist
Järfälla kommun
Unique
Chinese
Market
More quotes by Niklas Zennstrom
Skype is for any individual who has a broadband Internet connection.
Niklas Zennstrom
Silicon Valley is the best place to start a tech company in so many ways.
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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.
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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.
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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.
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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.
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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.
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We also have a conference call feature where up to five people can talk on one Skype call.
Niklas Zennstrom
They also can combine voice with instant messaging and online file sharing.
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Talent can pop up anywhere in the world, it's not just one city block.
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Today as an entrepreneur you have more options.
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If you could utilize the resources of the end users' computers, you could do things much more efficiently.
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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.
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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.
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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.
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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
As an entrepreneur, if you're the originator, you need to be faster than ever.
Niklas Zennstrom
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.
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The next Google or Facebook will come from somewhere other than Silicon Valley.
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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.
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