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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
Action
Need
Great
Needs
Something
Oriented
Faster
Competition
Create

More quotes by 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.
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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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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Don't try to solve the entire problem on day one.
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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.
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Money is information, like bits.
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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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If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
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Markets come and go. Good business don't.
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Profiles aren't journalism.
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Marketing is for companies who have sucky products.
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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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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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Equity capital is expensive. Every time you do a raise, you dilute.
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Given New York City's cultural diversity, it has always attracted creative people.
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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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Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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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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To see things differently requires you to be wired a little differently.
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