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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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Fred Wilson
Age: 63
Born: 1961
Born: August 20
Blogger
Businessman
Financier
Venture Capitalist
New York City
New York
People
Derided
Outcomes
Produced
Ridiculous
Obvious
Best
Ideas
Thing

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.
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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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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.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
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If you want to create something great and do it faster than the competition, you need to be action oriented.
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The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
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There is a difference between hiring a CEO and turning over control of the business.
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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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I'm really interested in the intersection between reputation, identity, and knowledge.
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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.
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Marketing is for companies who have sucky products.
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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.
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Markets come and go. Good business don't.
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Money is information, like bits.
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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
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Equity capital is expensive. Every time you do a raise, you dilute.
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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.
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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.
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