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There is a difference between hiring a CEO and turning over control of the business.

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
Control
Business
Ceo
Hiring
Turning
Difference
Differences

More quotes by Fred Wilson

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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.
Fred Wilson
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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.
Fred Wilson
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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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Given New York City's cultural diversity, it has always attracted creative people.
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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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 strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
Fred Wilson
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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.
Fred Wilson
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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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Profiles aren't journalism.
Fred Wilson
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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.
Fred Wilson
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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.
Fred Wilson
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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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The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success
Fred Wilson
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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.
Fred Wilson
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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.
Fred Wilson
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Marketing is for companies who have sucky products.
Fred Wilson
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Don't try to solve the entire problem on day one.
Fred Wilson
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Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.
Fred Wilson
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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.
Fred Wilson