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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
Platforms
Applied
Services
Core
Built
Internet
Computing
Gets
Platform
Technology

More quotes by Fred Wilson

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I would like to reiterate that I don't want any profiles of me. I am not newsworthy.
Fred Wilson
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Profiles aren't journalism.
Fred Wilson
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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
Fred Wilson
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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.
Fred Wilson
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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.
Fred Wilson
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Don't try to solve the entire problem on day one.
Fred Wilson
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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.
Fred Wilson
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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.
Fred Wilson
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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.
Fred Wilson
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There is a difference between hiring a CEO and turning over control of the business.
Fred Wilson
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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.
Fred Wilson
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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
Fred Wilson
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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.
Fred Wilson
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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.
Fred Wilson
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Markets come and go. Good business don't.
Fred Wilson
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To see things differently requires you to be wired a little differently.
Fred Wilson
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Given New York City's cultural diversity, it has always attracted creative people.
Fred Wilson
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I think 'crazy' is a compliment. I think you make money with people who are crazy.
Fred Wilson
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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.
Fred Wilson
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Equity capital is expensive. Every time you do a raise, you dilute.
Fred Wilson