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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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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
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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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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.
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Money is information, like bits.
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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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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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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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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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 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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To see things differently requires you to be wired a little differently.
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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Marketing is for companies who have sucky products.
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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If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
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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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 strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
Fred Wilson