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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
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Fred Wilson
Age: 63
Born: 1961
Born: August 20
Blogger
Businessman
Financier
Venture Capitalist
New York City
New York
Experience
User
Atomic
Unit
Ads
Units
Elegant
Users
Strategy
More quotes by Fred Wilson
There is a difference between hiring a CEO and turning over control of the business.
Fred Wilson
Markets come and go. Good business don't.
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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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To see things differently requires you to be wired a little differently.
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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.
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
Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
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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 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.
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Marketing is for companies who have sucky products.
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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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Equity capital is expensive. Every time you do a raise, you dilute.
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Profiles aren't journalism.
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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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Money is information, like bits.
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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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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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