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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
The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success
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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
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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.
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Profiles aren't journalism.
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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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I'm really interested in the intersection between reputation, identity, and knowledge.
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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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To see things differently requires you to be wired a little differently.
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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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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.
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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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Money is information, like bits.
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Don't try to solve the entire problem on day one.
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Markets come and go. Good business don't.
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Certainly anything that is news or opinion needs to be free on the Web, because the Web is this very fluid medium that is very much driven by links and the flow of visitors through a discussion via links.
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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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If you want to create something great and do it faster than the competition, you need to be action oriented.
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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.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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