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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
Technology
Platform
Platforms
Applied
Services
Core
Built
Internet
Gets
Computing
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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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Being an entrepreneur is hard. Having supportive and caring investors helps.
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The strategy of Tumblr is very elegant.. The atomic unit of user experience is the same as the ads.
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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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Marketing is for companies who have sucky products.
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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 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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I think 'crazy' is a compliment. I think you make money with people who are crazy.
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There is a difference between hiring a CEO and turning over control of the business.
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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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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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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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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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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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Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
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Don't try to solve the entire problem on day one.
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I'm really interested in the intersection between reputation, identity, and knowledge.
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