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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
Hiring
Turning
Difference
Differences
Control
Business
Ceo

More quotes by Fred Wilson

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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.
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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Profiles aren't journalism.
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.
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Marketing is for companies who have sucky products.
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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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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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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.
Fred Wilson
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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
Fred Wilson
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To see things differently requires you to be wired a little differently.
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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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.
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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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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Don't try to solve the entire problem on day one.
Fred Wilson
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Money is information, like bits.
Fred Wilson
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Markets come and go. Good business don't.
Fred Wilson
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I'm really interested in the intersection between reputation, identity, and knowledge.
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