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 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 WilsonMany 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