Foursquare's adoption of a game dynamic when it launched is a particularly clever implementation of a social hook.
Fred WilsonCustomers 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 WilsonI don't like to talk about myself. I like to talk about stuff that's happening, stuff that's going to happen, and the people who are going to make it happen.
Fred WilsonThe entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.
Fred Wilson