In the last few decades, the world has changed a lot. What seemed to be impossible a few years ago, is being executed with zero effort today. With the boom in entrepreneurship and startups getting the hang of the wave, human life is at its technological best. Our generation has witnessed a large number of success stories, but not every one of it has managed to stay with us for so long. The inventions that change the world are the ones that feed the depriving hearts of society. The success story of Skype is one such idea that changed the very nature of web business by revolutionizing the chat connectivity of the virtual world.
Founded in the year 2003 by Janus Friis and Niklas Zennstrom, Skype turned out to be the biggest surprise that changed the face of online communication for the years to come. One can say that Skype lessened the distance between people, or in other words, started bringing people together. It gained almost 6000 subscribers within just one week of its launch, and this is when the duo realized that they are in for something huge. This realization proved to be true as we look at the trail they have left behind.
Janus and Niklas developed the application with the help of a group of highly skilled individuals, namely Ahti Heinia, Priit Kasesalu, and Jaan Tallinn. The most attractive aspect of Skype is that it is free. During a time when the telecom industry charged a fortune for international calls, Skype provided free video calls through the usage of P2P connectivity. It was an actual boon to the people who were separated from their loved ones through distance. It also mitigated the location issues for major business meetings and other official programs.
Like every huge success story, Skype, too, has a humble beginning. Zennstrom was collecting the telephone bills of his friend in Europe when he realized how huge the telecom companies charge for long-distance phone calls. This is what led to the invention of Skype, as simple as that. They wanted to avert the escalating telephone bills and wanted to make communications across the globe more cheap and efficient.
Within just two years of its inception, Skype already had 20 million active users and was growing at an exponential rate of 5 new users per second. This growth soon attracted a lot of attention from huge names such as eBay and Microsoft. eBay later in 2005, acquired Skype for a whopping sum of 3.5 billion USD. The most successful project of the internet industry, Skype, again get attracted the interest of other tech giants. And, this time, Microsoft acquired Skype for 8.5 billion USD.
The innovation by a team of young minds changed the way people talk across the globe. It was an extravagant success, as there is no greater deed than filling the deficiency of society.
Back in 2003, it was the need for a more efficient and low-cost communication system. The founders say that they were very naïve and highly optimistic in their journey throughout Skype. But it was this same spirit that led them to launch the service. They did not dive into the what-ifs and other nitty-gritty of all the things that could go wrong. The other main highlight of the concept was that there was nothing much complicated about functioning. There were no complicated procedures or troubling interface. Everything was simple and clear. This also was a contributing factor to the immense success of the idea.
Every big change starts from a small spark. This spark comes to every one of us. The ones who can latch on to the spark and ignite a fire become successful. These build unicorn companies, multi-million dollar empires and some even end up becoming legends. Skype provides the biggest example of how small ideas can revolutionize the world. It started a chain of changes that still ripples across the surface of the virtual world and how people communicate with each other.
Aparna is an MBA who turned into a content writer totally by chance.She has written articles on various genres such as fashion, finance, real estate and cryptocurrency. She is also a part-time blogger and a voracious reader. She believes that you should be young and crazy to become old and wise. She reads to her hearts fullest, which is again, an exhilarating experience.