The fact is that the amount of money startups raise in their seed and Series A rounds is inversely correlated with success
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 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 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 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 Wilson