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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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Fred Wilson
Age: 63
Born: 1961
Born: August 20
Blogger
Businessman
Financier
Venture Capitalist
New York City
New York
Play
Market
Android
Need
Fronts
Androids
Needs
Window
Macintosh
Believe
Front
Similarly
Role
Largest
Number
Mobile
Roles
Windows
Numbers
Users
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There is a difference between hiring a CEO and turning over control of the business.
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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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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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To see things differently requires you to be wired a little differently.
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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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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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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Given New York City's cultural diversity, it has always attracted creative people.
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Equity capital is expensive. Every time you do a raise, you dilute.
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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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The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful.
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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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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.
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Being an entrepreneur is hard. Having supportive and caring investors helps.
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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.
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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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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
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I'm really interested in the intersection between reputation, identity, and knowledge.
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