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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
More quotes by Fred Wilson
To see things differently requires you to be wired a little differently.
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Marketing is for companies who have sucky products.
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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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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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.
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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
There is a difference between hiring a CEO and turning over control of the business.
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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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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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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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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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Money is information, like bits.
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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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Given New York City's cultural diversity, it has always attracted creative people.
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I'm really interested in the intersection between reputation, identity, and knowledge.
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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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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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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 strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
Fred Wilson