They also can combine voice with instant messaging and online file sharing.

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.

They also can combine voice with instant messaging and online file sharing.

Talent can pop up anywhere in the world, it's not just one city block.

And the VCR did the same thing: the movie industry thought nobody would ever watch movies any more.

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.

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.