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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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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
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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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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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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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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 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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It's not easy for an entrepreneur to find the time to blog. But for those who do it, it is a great tool to communicate with the various stakeholders in their business and build a reputation for thought leadership.
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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 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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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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Equity capital is expensive. Every time you do a raise, you dilute.
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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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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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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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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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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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There is a difference between hiring a CEO and turning over control of the business.
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