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Fred Wilson
American
August 20, 1961
Businessman
There is a difference between hiring a CEO and turning over control of the business.
Fred Wilson
Tags:
Business
Over
Between
Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web.
Fred Wilson
Tags:
People
Things
Lot
Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
Fred Wilson
Tags:
Game
Social
Particularly
It's upsetting to me that you have to be a millionaire to invest in your friend's start-up.
Fred Wilson
Tags:
You
Me
Your
When people laugh at a company or say, 'This is the stupidest thing I have ever heard,' you are listening.
Fred Wilson
Tags:
You
People
Thing
Blog-based businesses have lower cost structures and are more 'authentic,' and as a result are drawing larger shares of ad budgets.
Fred Wilson
Tags:
More
Result
Cost
Building product is not about having a large team to manage. It is about having a small team with the right people on it.
Fred Wilson
Tags:
People
About
Right
People already love to play casual games. But when you take a casual game and stick it inside a social network, it becomes way more exciting.
Fred Wilson
Tags:
You
People
More
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.
Fred Wilson
Tags:
Business
Me
Very
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.
Fred Wilson
Tags:
Work
Get
Out
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.
Fred Wilson
Tags:
Money
You
More