Fred Wilson Quotes
When I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.
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.
New York's niche is content, and content is becoming more valuable. Just think about what is more valuable: MTV or the cable system that you use to get MTV? Howard Stern or the radio station you use to listen to him? Ultimately, technology becomes a commodity, and content - real, true branded content - becomes more valuable.
Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible.
There is a difference between hiring a CEO and turning over control of the business.
The best talent in the venture industry doesn't work in large companies and won't work in large companies.
Skyping with your spouse works well enough, but apparently it is hard to get the kids to hang out on Skype for long.
I'm a free speech bigot. I don't like censorship; I just don't think it's a good thing.
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.
So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.
I'm really interested in the intersection between reputation, identity, and knowledge.
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.
Most adults I know start their Internet session at Google, and most kids I know start their Internet session at either Facebook or MySpace.
Internet and mobile product development cycles are measured in months, not years. And the capital required to get a product built and into the market is less than $1 million. And the returns, when things work out, can be enormous.
It's upsetting to me that you have to be a millionaire to invest in your friend's start-up.
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.
When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good.
Showing 1 to 20 of 64 results