If you have an idea that you can't get out of your head, do a startup. Otherwise join a startup.
Fred WilsonBoard meetings should not be for the benefit of the board. They should be for the benefit of the CEO and the senior team.
Fred WilsonThe 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 WilsonBlog-based businesses have lower cost structures and are more 'authentic,' and as a result are drawing larger shares of ad budgets.
Fred WilsonAll markets have boom and bust cycles, and I think venture capital market has even more exaggerated boom and bust cycles.
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 Wilson