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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.
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
Applied
Services
Core
Built
Internet
Gets
Computing
Technology
Platform
Platforms
More quotes by Fred Wilson
Being an entrepreneur is hard. Having supportive and caring investors helps.
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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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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
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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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Don't try to solve the entire problem on day one.
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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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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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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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Marketing is for companies who have sucky products.
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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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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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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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Money is information, like bits.
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I use beauty as a way of helping people to receive difficult or upsetting ideas. The topical issues are merely a vehicle for making one aware of one's own perceptual shift-which is the real thrill.
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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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Profiles aren't journalism.
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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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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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Markets come and go. Good business don't.
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