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If you want to create something great and do it faster than the competition, you need to be action oriented.
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
Great
Needs
Something
Oriented
Faster
Competition
Create
Action
Need
More quotes by Fred Wilson
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.
Fred Wilson
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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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Profiles aren't journalism.
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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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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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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
Fred Wilson
The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
Fred Wilson
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
Given New York City's cultural diversity, it has always attracted creative people.
Fred Wilson
Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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Money is information, like bits.
Fred Wilson
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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Don't try to solve the entire problem on day one.
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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.
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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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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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Equity capital is expensive. Every time you do a raise, you dilute.
Fred Wilson
If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
Fred Wilson
All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
Fred Wilson