The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.
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 WilsonWhen I see people laughing at ideas and companies we have backed, I smile. It means we are going to make a lot of money on that investment.
Fred Wilson