“How can they be so good?”: The strange story of Skype
"I don't care about Skype!" millionaire Jaan Tallinn tells me, taking off his blue sunglasses and finding a seat at a cozy open-air restaurant in the old town of Tallinn, Estonia. "The technology is 10 years old—that's an eternity when it comes to the Internet Age. Besides, I have more important things going on now."
Tallinn has five children, and he calls Skype his sixth. So why does he no longer care about his creation?
On August 29, 2003, Skype went live for the first time. By 2012, according to Telegeography, Skype accounted for a whopping 167 billion minutes of cross-border voice and video calling in a year—which itself was a stunning 44 percent growth over 2011. That increase in minutes was "more than twice that achieved by all international carriers in the world, combined." That is to say, Skype today poses a serious threat to the largest telcos on the planet. It also made Jaan Tallinn and other early Skypers rich.