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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
Fred Wilson
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Fred Wilson
Age: 63
Born: 1961
Born: August 20
Blogger
Businessman
Financier
Venture Capitalist
New York City
New York
Juggernaut
Unstoppable
Things
People
More quotes by Fred Wilson
I believe the mobile OS market will play out very similarly to Windows and Macintosh, with Android in the role of Windows. And so if you want to be in front of the largest number of users, you need to be on Android.
Fred Wilson
My venture investing career has three phases, all roughly 6-8 years long. The first, at Euclid, was software to Internet. The second, at Flatiron, was Internet to bubble. And the third, at USV, has been web 2 to mobile. I have always used a new firm to denote a new investment phase for me. Throw away the old. Start with the new.
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I don't like to talk about myself. I like to talk about stuff that's happening, stuff that's going to happen, and the people who are going to make it happen.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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If you want to create something great and do it faster than the competition, you need to be action oriented.
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The Internet is a computing platform built on top of core technology. Applied technology is what gets built on top of that: It's Web services.
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The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful.
Fred Wilson
I use beauty as a way of helping people to receive difficult or upsetting ideas. The topical issues are merely a vehicle for making one aware of one's own perceptual shift-which is the real thrill.
Fred Wilson
Money is information, like bits.
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Not only do you have to put yourself in harms way in service of your country, you have to leave your families at home. It is a great sacrifice.
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If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
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I'm really interested in the intersection between reputation, identity, and knowledge.
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Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.
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Markets come and go. Good business don't.
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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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I generally blog between 5:30 A.M. and 7 A.M. I will from time to time add something during the day, but for the most part blogging is an early morning activity for me.
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Marketing is for companies who have sucky products.
Fred Wilson
The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success
Fred Wilson
Equity capital is expensive. Every time you do a raise, you dilute.
Fred Wilson
Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.
Fred Wilson