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" Twitter wasn't planned. It just happened. "
Fred Wilson
Planned
Just
Happened
Related Quotes:
" 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
" 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
" I generally blog between 5:30 A.M. and 7 A.M. I will from time to time add something during the day, but for the most part blogging is an early morning activity for me. "
Fred Wilson
Time
Will
Early
" 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. "
Fred Wilson
You
Play
Need
" 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. "
Fred Wilson
Yourself
Home
Great
" Facebook is not an unstoppable juggernaut. There are a lot of other things people can do on the web. "
Fred Wilson
People
Other
Facebook
" 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
Smart
Me
Business
" The Internet is a computing platform built on top of core technology. Applied technology is what gets built on top of that: It's Web services. "
Fred Wilson
Technology
Web
Top
" 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
" It takes great salesmanship to convince a customer to buy something from you that isn't built or isn't finished. "
Fred Wilson
Buy
You
Great
" The companies that do the best job on managing a user's privacy will be the companies that ultimately are the most successful. "
Fred Wilson
Job
Privacy
Best
" Being an entrepreneur is hard. Having supportive and caring investors helps. "
Fred Wilson
Caring
Hard
Supportive
" There is a difference between hiring a CEO and turning over control of the business. "
Fred Wilson
Control
Over
Difference
" To see things differently requires you to be wired a little differently. "
Fred Wilson
Differently
You
Things
" Money is information, like bits. "
Fred Wilson
Money
Bits
Information
" 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
" 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
" 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. "
Fred Wilson
Stick
Business
Focus
" 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
" 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
" 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
" 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. "
Fred Wilson
Business
You
Feedback
" Games are the most social of all things on the web. "
Fred Wilson
Games
Web
Social
" 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
" Venture capital is about capturing the value between the startup phase and the public company phase. "
Fred Wilson
Venture Capital
Company
Phase
" Equity capital is expensive. Every time you do a raise, you dilute. "
Fred Wilson
You
Equity
Time
" 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'm really interested in the intersection between reputation, identity, and knowledge. "
Fred Wilson
Identity
Knowledge
Reputation
" 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
" 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. "
Fred Wilson
Business
Want
Sheep