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 ZennstromWhen 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 ZennstromInternational 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.
Niklas Zennstrom