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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
Trying
Entrepreneurship
Solve
Entire
Business
Problem

More quotes by Fred Wilson

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Money is information, like bits.
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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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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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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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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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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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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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 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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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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Being an entrepreneur is hard. Having supportive and caring investors helps.
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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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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
Fred Wilson
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Markets come and go. Good business don't.
Fred Wilson
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Marketing is for companies who have sucky products.
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