
To get a huge market share, Niklas Zennström advises that,

Also when Google started, it was not fashionable to be in search.†When we started Skype, if you look at analyst reports, no one forecasted it as a big business. This person is very bright, but also someone who’s afraid of taking risks … the trick here is to try to figure out the thing that’s unexpected. €œMany times I’ve seen that you hire someone who’s an MBA and has gone to the right companies, and it’s almost too perfect sometimes. In March 2011, while addressing about 300 Stanford Business students, Niklas Zennström revealed the fundamental principle of entrepreneurship success, Today, Niklas Zennström focuses more on investing in technology startups through his Venture Capital company, Atomico.

Skype is arguably the most significant success of Niklas Zennström and Janus Friis. Others companies he founded are Joltid (marketing software company), Altnet (content promotion company), and Joost (Online video distribution service). Together with his business partner, Janus Friis, he founded KaZaA in 2001(file sharing application), and by 2003, KaZaA was named the World’s Most Downloaded Internet Software. Niklas Zennström founded and cofounded several companies using peer-to-peer principles as he ventured into entrepreneurship. He began his professional life at the European telecom operator, Tele2 and later served as the CEO of. Career Progression of Skype Cofounder, Niklas ZennströmĮarly in Niklas Zennström’s career, he was involved in business development. On 10th May, 2011, Microsoft Corporation acquired Skype for $8.5 billion.Tony Bates was named Skype CEO in October 2010.2010 statistics revealed that Skype had 663 million registered users.Niklas Zennström was CEO from Skype's inception until September 2007.On 14th October, 2005, Skype was acquired by eBay for $2.6 billion.It is one of the world’s largest communication services.Skype is largely used to make voice and video calls and chats through the Internet.He did his finals at University of Michigan, Ann Arbor, USA. Sc Business Administration & M Sc Engineering Physics from Uppsala University, Sweden.
Possibly, his business acumen in the technology industry can be traced to his dual degrees: B. The Background of Skype Cofounder, Niklas Zennströmīorn on 16th February, 1966, Niklas Zennström (from Sweden) is well known for his phenomenal achievements on the Internet including Skype and KaZaA.
