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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
Numbers
Users
Play
Market
Android
Need
Fronts
Androids
Needs
Window
Macintosh
Believe
Front
Similarly
Role
Largest
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Mobile
Roles
Windows
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Marketing is for companies who have sucky products.
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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 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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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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Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
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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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If you want to create something great and do it faster than the competition, you need to be action oriented.
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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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Equity capital is expensive. Every time you do a raise, you dilute.
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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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Given New York City's cultural diversity, it has always attracted creative people.
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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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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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Don't try to solve the entire problem on day one.
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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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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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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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Markets come and go. Good business don't.
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