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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
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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Markets come and go. Good business don't.
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Marketing is for companies who have sucky products.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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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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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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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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There is a difference between hiring a CEO and turning over control of the business.
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There are so many startups out there raising money. I don't think this is a bad thing. It's a good thing. Entrepreneurship is in vogue. Innovators are innovating. Makers are making.
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I'm really interested in the intersection between reputation, identity, and knowledge.
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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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Profiles aren't journalism.
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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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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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.
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Money is information, like bits.
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Given New York City's cultural diversity, it has always attracted creative people.
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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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