Fred Wilson
Fred Wilson
Fred Wilsonis an American businessman, venture capitalist and blogger. Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in Web 2.0 companies such as Twitter, Tumblr, Foursquare, Zynga, Kickstarter, and 10gen...
NationalityAmerican
ProfessionBusinessman
Date of Birth20 August 1961
CountryUnited States of America
bit business firm until venture worked
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.
business capital folks follow highly investors purchasing recipe venture
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.
appetite business companies creating demand market massive provided supply
When there were not very many Internet companies, the supply of Internet companies to the market was small and the appetite for them was large. Therefore, if you were in the business of creating Internet companies in 1996-98, you had a market that provided massive demand for that.
business life mobile sign
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.
businesses legacy pass sons
Businesses are a legacy we can pass on to our sons and daughters. We need our own businesses to have more of a say-so in our communities.
business trying problem
Don't try to solve the entire problem on day one.
business real reading
I also like to use a sensational headline. Many people read blogs in aggregators, which generally show only the headline. So you have to give people a reason to click through. Blogs need to be real and personal. Reading it should be like hanging out with you. I play music for my readers. I show them videos I like. I tell them what I did over the weekend. And I tell them what is happening in the technology, Internet, and VC markets.
good-business comes-and-goes
Markets come and go. Good business don't.
business degree figure great per run saying six
I'm not saying M.B.A.s can't be great entrepreneurs. They can. But you don't need a degree to figure out it's costing you $5,000 per month to run your business, so you need $30,000 to keep it going for six more months.
might
We can't get out, so we might as well have fun.
community problem
We've got to be very, very careful, ... We don't want to put the problem into the community either.
great
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.
capital capturing public venture
Venture capital is about capturing the value between the startup phase and the public company phase.
built buy convince customer great takes
It takes great salesmanship to convince a customer to buy something from you that isn't built or isn't finished.