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Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.

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
Hook
Clever
Particularly
Game
Foursquare
Games
Launched
Social
Implementation
Adoption
Dynamic

More quotes by Fred Wilson

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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 think 'crazy' is a compliment. I think you make money with people who are crazy.
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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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Money is information, like bits.
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Marketing is for companies who have sucky products.
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Profiles aren't journalism.
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Markets come and go. Good business don't.
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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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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
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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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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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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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To see things differently requires you to be wired a little differently.
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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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Given New York City's cultural diversity, it has always attracted creative people.
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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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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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The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
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