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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
Internet
Gets
Computing
Technology
Platform
Platforms
Applied
Services
Core
Built
More quotes by Fred Wilson
Marketing is for companies who have sucky products.
Fred Wilson
Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
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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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Given New York City's cultural diversity, it has always attracted creative people.
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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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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
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I'm really interested in the intersection between reputation, identity, and knowledge.
Fred Wilson
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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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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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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To see things differently requires you to be wired a little differently.
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There is a difference between hiring a CEO and turning over control of the business.
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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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Markets come and go. Good business don't.
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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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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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Don't try to solve the entire problem on day one.
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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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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Money is information, like bits.
Fred Wilson