- Money
- |
- Nov 07, 2020
Fred Wilson Quotes
Most Famous Fred Wilson Quotes of All Time!
We have created a collection of some of the best fred-wilson quotes so you can read and share anytime with your friends and family. Share our Top 10 Fred Wilson Quotes on Facebook, Twitter, and Pinterest.
- Last Updated on May 30, 2021
- Long
- |
- Nov 07, 2020
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.
- Investment
- |
- Nov 07, 2020
The venture business is a bit of an apprenticeship business, so the firm I worked for didn't let me make an investment until I was 30. That was probably a very smart thing.
- Great
- |
- Nov 07, 2020
One of the great things about young entrepreneurs is that they don't know that something can't be done. So they try something that's so audacious and usually end up pulling it off.
- Good
- |
- Nov 07, 2020
I'm a free speech bigot. I don't like censorship; I just don't think it's a good thing.
- Just
- |
- Nov 07, 2020
Twitter wasn't planned. It just happened.
- Experience
- |
- Nov 07, 2020
If you have a native monetization system where the atomic unit of content is the ad unit, that scales down all the way to a small screen experience. That's why Twitter is performing so well on mobile.
- Me
- |
- Nov 07, 2020
It's upsetting to me that you have to be a millionaire to invest in your friend's start-up.
- Ideas
- |
- Nov 07, 2020
The more entrepreneurs in the world that are getting their ideas financed, the more great companies there are going to be that we can all invest in.
- Money
- |
- Nov 07, 2020
I think 'crazy' is a compliment. I think you make money with people who are crazy.
- Control
- |
- Nov 07, 2020
There is a difference between hiring a CEO and turning over control of the business.
- Job
- |
- Nov 07, 2020
The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful.
- Disaster
- |
- Nov 07, 2020
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.
- Money
- |
- Nov 07, 2020
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.
- Internet
- |
- Nov 07, 2020
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.
- Medical
- |
- Nov 07, 2020
We need new medical approaches to preventing and/or curing disease. We need new scientific approaches to generating, storing, and being more efficient with energy. Maybe we need more space exploration. Maybe we need more undersea exploration.
- People
- |
- Nov 07, 2020
Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
- Finance
- |
- Nov 07, 2020
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.
- More
- |
- Nov 07, 2020
The most common way customer financing is done is you sell the customer on the product before you've built it or before you've finished it. The customer puts up the money to build the product or finish the product and becomes your first customer. Usually the customer simply wants the product and nothing more.
- Great
- |
- Nov 07, 2020
It takes great salesmanship to convince a customer to buy something from you that isn't built or isn't finished.
- First
- |
- Nov 07, 2020
Facebook, Twitter, and Tumblr are all 'User First, Brands Second' services. The brands are all over these services now. But for the most part, these services didn't do much to bring them. The engaged users did.
- Good
- |
- Nov 07, 2020
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.
- Hard
- |
- Nov 07, 2020
Skyping with your spouse works well enough, but apparently it is hard to get the kids to hang out on Skype for long.
- Good
- |
- Nov 07, 2020
When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good.
- Home
- |
- Nov 07, 2020
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.
- Business
- |
- Nov 07, 2020
Startups are rapidly changing systems. If you use an annual review cycle, you aren't getting feedback at the same pace that you need to adapt and change the business.
- People
- |
- Nov 07, 2020
Building product is not about having a large team to manage. It is about having a small team with the right people on it.
- Business
- |
- Nov 07, 2020
Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible.
- Life
- |
- Nov 07, 2020
If you are successful, you will be cloned. That's life. In fact, it's a sign that you've made it when clones of your website, mobile app, and business start cropping up.
- Company
- |
- Nov 07, 2020
Venture capital is about capturing the value between the startup phase and the public company phase.
- Focus
- |
- Nov 07, 2020
Many artists stick to making and hire a manager to focus on their business. Artists that build websites and mobile apps can do that, too.
- Country
- |
- Nov 07, 2020
The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.
- Diversity
- |
- Nov 07, 2020
Given New York City's cultural diversity, it has always attracted creative people.
- Most
- |
- Nov 07, 2020
Games are the most social of all things on the web.
- Game
- |
- Nov 07, 2020
Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
- Marketing
- |
- Nov 07, 2020
Marketing is for companies who have sucky products.
- Meetings
- |
- Nov 07, 2020
Board meetings should not be for the benefit of the board. They should be for the benefit of the CEO and the senior team.
- Government
- |
- Nov 07, 2020