All markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
Fred WilsonNew 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 WilsonThe 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