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" 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
Related Quotes:
" 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
" 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
" 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
" 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
" 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
" Profiles aren't journalism. "
Fred Wilson
Journalism
Profiles
" 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
" The Web is going to capture an increasing share of people's attention, and billions of dollars are going to flow in. What Web 2.0 is about is harnessing those dollars in highly leverageable ways. "
Fred Wilson
Flow
People
Capture
" Yahoo is free, it's fast and it's Web-centric. AOL is slow, it costs money and requires proprietary software. "
Fred Wilson
Software
Fast
Free
" Equity capital is expensive. Every time you do a raise, you dilute. "
Fred Wilson
You
Equity
Time
" 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
" 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 is not an unstoppable juggernaut. There are a lot of other things people can do on the web. "
Fred Wilson
People
Other
Facebook
" 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
" 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
" 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
" 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. "
Fred Wilson
Money
Out
Think
" 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
" 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. "
Fred Wilson
Career
Start
Me
" 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
" Marketing is for companies who have sucky products. "
Fred Wilson
Companies
Products
Marketing
" 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
" 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
" Given New York City's cultural diversity, it has always attracted creative people. "
Fred Wilson
Diversity
City
New
" 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. "
Fred Wilson
Content
Down
Experience
" 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
" I think 'crazy' is a compliment. I think you make money with people who are crazy. "
Fred Wilson
Think
People
Money
" There is a difference between hiring a CEO and turning over control of the business. "
Fred Wilson
Control
Over
Difference
" I would like to reiterate that I don't want any profiles of me. I am not newsworthy. "
Fred Wilson
Me
Am
I Am