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Don't try to solve the entire problem on day one.

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
Solve
Entire
Business
Problem
Trying
Entrepreneurship

More quotes by 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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Markets come and go. Good business don't.
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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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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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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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.
Fred Wilson
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I think 'crazy' is a compliment. I think you make money with people who are crazy.
Fred Wilson
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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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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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Being an entrepreneur is hard. Having supportive and caring investors helps.
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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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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Money is information, like bits.
Fred Wilson
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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
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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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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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.
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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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