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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
Dynamic
Hook
Clever
Particularly
Game
Foursquare
Games
Launched
Social
Implementation
Adoption
More quotes by Fred Wilson
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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There is a difference between hiring a CEO and turning over control of the business.
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Money is information, like bits.
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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 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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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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I'm really interested in the intersection between reputation, identity, and knowledge.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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Marketing is for companies who have sucky products.
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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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Don't try to solve the entire problem on day one.
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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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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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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 think 'crazy' is a compliment. I think you make money with people who are crazy.
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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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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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The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
Fred Wilson
