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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
To see things differently requires you to be wired a little differently.
Fred Wilson
Equity capital is expensive. Every time you do a raise, you dilute.
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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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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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I'm really interested in the intersection between reputation, identity, and knowledge.
Fred Wilson
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.
Fred Wilson
Profiles aren't journalism.
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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Early in a startup, product decisions should be hunch driven. Later on, product decisions should be data driven.
Fred Wilson
Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
Fred Wilson
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
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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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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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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Don't try to solve the entire problem on day one.
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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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Ideas that most people derided as ridiculous have produced the best outcomes. Don't do the obvious thing.
Fred Wilson
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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Marketing is for companies who have sucky products.
Fred Wilson