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" Games are the most social of all things on the web. "
Fred Wilson
Games
Web
Social
Related Quotes:
" 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. "
Fred Wilson
Listen
You
True
" Marketing is for companies who have sucky products. "
Fred Wilson
Companies
Products
Marketing
" When people laugh at a company or say, 'This is the stupidest thing I have ever heard,' you are listening. "
Fred Wilson
You
Say
People
" 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
Free
News
Opinion
" 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. "
Fred Wilson
Over
Now
Most
" 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
Customer
You
Way
" 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
Team
Building
People
" I would like to reiterate that I don't want any profiles of me. I am not newsworthy. "
Fred Wilson
Me
Am
I Am
" Given New York City's cultural diversity, it has always attracted creative people. "
Fred Wilson
Diversity
City
New
" 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. "
Fred Wilson
Invest
Ideas
Great
" 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. "
Fred Wilson
Great
Finance
Help
" 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. "
Fred Wilson
Leadership
Time
Business
" All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles. "
Fred Wilson
Venture Capital
Think
More
" Most adults I know start their Internet session at Google, and most kids I know start their Internet session at either Facebook or MySpace. "
Fred Wilson
Internet
Facebook
Google
" Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook. "
Fred Wilson
Game
Hook
Social
" When my dad was in Vietnam, we lost a parent for a year. Thank God we didn't lose a parent for good. "
Fred Wilson
Lose
Thank God
Parent
" 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
Game
Way
You
" Venture capital is about capturing the value between the startup phase and the public company phase. "
Fred Wilson
Venture Capital
Company
Phase
" 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. "
Fred Wilson
You
Business
Creating
" Board meetings should not be for the benefit of the board. They should be for the benefit of the CEO and the senior team. "
Fred Wilson
CEO
Senior
Team
" Equity capital is expensive. Every time you do a raise, you dilute. "
Fred Wilson
You
Equity
Time
" 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. "
Fred Wilson
Life
Start
Successful
" 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. "
Fred Wilson
Run
Business
Need
" Blog-based businesses have lower cost structures and are more 'authentic,' and as a result are drawing larger shares of ad budgets. "
Fred Wilson
Drawing
More
Cost
" The best talent in the venture industry doesn't work in large companies and won't work in large companies. "
Fred Wilson
Industry
Work
Best
" 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. "
Fred Wilson
Up
Done
End
" 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. "
Fred Wilson
Space
Energy
Exploration
" It's upsetting to me that you have to be a millionaire to invest in your friend's start-up. "
Fred Wilson
You
Friend
Invest
" Investing in management means building communication systems, business processes, feedback, and routines that let you scale the business and team as efficiently as possible. "
Fred Wilson
Building
Team
Communication
" Money is information, like bits. "
Fred Wilson
Money
Bits
Information